SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Sodium Phosphate Category – Procurement Market Intelligence Report.
This procurement intelligence report is built on insights gained from in-depth primary and secondary research of the sodium phosphate market. This report analyzes the growth drivers and barriers that must be considered by both the buyers and the suppliers who seek to sustain profitability in the market for a long term. According to this procurement market research report, while increasing instances of health hazards have resulted in the ban of sodium phosphate-composed detergents and cleaners, increasing adoption of this category across the personal care sector will continue contributing to the categorys growth. Request a free Sample Report to know more about factors that are influencing the overall cost structure of this market.
An appropriate assessment of the total cost of production incurred by the suppliers is crucial in guiding the buyers to devise a cost-effective procurement strategy. Hence, we advise the buyers to implement clean-sheet-based cost models to evaluate the suppliers possible production costs based on plant technology, scale, and utilization, and energy, labor, and local raw material costs, says SpendEdge procurement expert Anil Seth.
Based on the nature of demand and supply of sodium phosphate, this procurement report has identified potential regions for market expansion. Real-time tracking of the market performance of this category has helped our procurement experts to identify the cost and volume drivers that have been influencing the market in specific regions. Buy the full report to get access to such meaningful insights on the sodium phosphate market.
The procurement experts at SpendEdge highlight the following KPIs that have been tried and tested by the leading brands in the sodium phosphate market to attain an optimal procurement strategy and ensure business continuity:
- Category managers should adopt tools such as spend analytics to rationalize their supply base, as buyers have contracts with multiple suppliers to fulfill their category requirements.
- Engage with suppliers located in multiple geographies
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SpendEdge is now offering limited-time discounts on report purchases. Buy two reports and get the third one for free.
SpendEdges procurement market intelligence reports for the chemicals category offer information on category pricing strategies to help the buyers achieve significant cost-savings. The reports also offer information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdges reports offer insights into the sustainability and procurement best practices for the category.
Report scope snapshot: Sodium phosphate market
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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Category management enablers
- Procurement organization
- Category enablers
- Want customized information? Get in touch
- Category hierarchy
- Category scope
- Category map
- To view this reports table of contents, Download a FREE sample
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