ENABLING SMART PROCUREMENT

  • Published in: Aug 2017
  • Pages: 70
  • SKU: IRCMSTR14626

Global Toluene Category - Procurement Market Intelligence Report

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SpendEdge’s Toluene Procurement Market Intelligence Report is an all-inclusive guide helping sourcing and procurement leaders to make smart purchasing decisions. This report provides an in-depth analysis of the supply markets, pricing models, factors influencing purchasing decisions, sourcing and procurement best practices, supplier landscape and an analysis of the supplier capability matrix.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Toluene - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global toluene market is the growing demand from the automotive fuel industry. Governments in some countries have mandated the maintenance of a minimum octane level in automotive fuels such as gasoline, as lower the octane level of fuel, higher its CO₂ emission. Suppliers of automotive fuels can either improve the purity level of their fuels or use a high-octane additive such as toluene to increase their octane levels, and suppliers prefer the latter due to its overall cost-effectiveness. Toluene has an octane rating of 114, which is higher than ethanol, another popular additive for fuels.

Toluene - Procurement Best Practices

Buyers must procure toluene from suppliers that have adopted sustainability practices over the years. Some of these practices include procurement of renewable raw materials, investment in research on replacement of raw materials derived from crude oil, use of energy generated from renewable sources, and implementation of energy-efficient practices across the production facility, among others. This will help buyers achieve their sustainability goals and reduce the cost of procurement in the long run

Toluene - Procurement Challenges

A major procurement pain point experienced by the buyers is the additional investments in monitoring suppliers’ compliance with labor laws. It is pertinent for buyers to evaluate and assess suppliers’ compliance with labor laws and international standards regarding workplace conditions. If a case of non-compliance by suppliers is proven in the court, buyers may also face hefty penalties and fines from authority due to their negligence in ensuring their suppliers are complying the laws. Hence, buyers need to conduct periodic audits of suppliers' facilities in terms of compliance with labor laws.

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Toluene - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global toluene market is the growing demand from the automotive fuel industry. Governments in some countries have mandated the maintenance of a minimum octane level in automotive fuels such as gasoline, as lower the octane level of fuel, higher its CO₂ emission. Suppliers of automotive fuels can either improve the purity level of their fuels or use a high-octane additive such as toluene to increase their octane levels, and suppliers prefer the latter due to its overall cost-effectiveness. Toluene has an octane rating of 114, which is higher than ethanol, another popular additive for fuels.

Toluene - Procurement Best Practices

Buyers must procure toluene from suppliers that have adopted sustainability practices over the years. Some of these practices include procurement of renewable raw materials, investment in research on replacement of raw materials derived from crude oil, use of energy generated from renewable sources, and implementation of energy-efficient practices across the production facility, among others. This will help buyers achieve their sustainability goals and reduce the cost of procurement in the long run

Toluene - Procurement Challenges

A major procurement pain point experienced by the buyers is the additional investments in monitoring suppliers’ compliance with labor laws. It is pertinent for buyers to evaluate and assess suppliers’ compliance with labor laws and international standards regarding workplace conditions. If a case of non-compliance by suppliers is proven in the court, buyers may also face hefty penalties and fines from authority due to their negligence in ensuring their suppliers are complying the laws. Hence, buyers need to conduct periodic audits of suppliers' facilities in terms of compliance with labor laws.

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Royal Dutch Shell
  • ExxonMobil    
  • BP    
  • SK Group
  • CNPC

PART 8: APPENDIX         

  • Glossary
  • About Us     
Read less

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Royal Dutch Shell
  • ExxonMobil    
  • BP    
  • SK Group
  • CNPC

PART 8: APPENDIX         

  • Glossary
  • About Us     

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