COVID-19 Impact and Recovery Analysis | Sheet Metal Procurement Intelligence Report Forecasts over USD $61 billion Spend Growth

SpendEdge has announced the release of its Global Sheet Metal Market Procurement Intelligence Report

LONDON--(BUSINESS WIRE)--Nov 17, 2020--

The global sheet metal is poised to experience spend growth of more than USD $ 61 billion between 2024 at a CAGR of over 3.76%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages.

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SpendEdge has announced the release of its Global Sheet Metal Market Procurement Intelligence Report (Graphic: Business Wire)

Read the 120 pages research report with TOC and LOE on "The Global Sheet Metal Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.”

SpendEdge’s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our sheet metal procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights in the best procurement practices to mitigate losses.

Information on Latest Trends and Supply Chain Market Information: Knowledge center on COVID-19 impact assessment

Insights into the Market Price Trends

  • Raw material prices account for a significant portion of suppliers’ OPEX. Any increase in these prices leads to a substantial increase in suppliers’ OPEX which will have a direct impact on buyers Sheet Metal procurement price.
  • The increase in minimum wages across countries and expectations for a better lifestyle will compel suppliers to increase their compensations for employees. While this will increase suppliers’ OPEX, this will have an inflationary impact on buyers’ sheet metal procurement expenditure.

Insights into strategies that will help buyers optimize their procurement spend

  • - This will aid buyers to optimize their sheet metal procurement budget.
  • - This will aid buyers to minimize their expenditure on sheet metal procurement.

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Some of the top Sheet Metal suppliers enlisted in this report

This sheet metal procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • BlueScope Steel Ltd.
  • Sideralba SpA
  • Nucor Corp.
  • United States Steel Corp.
  • Alcoa Corp.
  • Hyundai Steel Co. Ltd.
  • Hitec Sheet Metal Ltd.
  • Tata Steel Ltd.
  • Columbus Stainless (Pty) Ltd.
  • Nippon Steel Corp.

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Table of Content

Category Pricing Insights

Executive Summary

Market Insights

Cost-saving Opportunities

Category Pricing Insights

Best Practices

Category Ecosystem

Cost-saving Opportunities

Best Practices

Category Management Strategy

Category Management Enablers

Category Ecosystem

Suppliers Selection

Category Management Strategy

Category Management Enablers

Suppliers under Coverage

Suppliers Selection

US Market Insights

Suppliers under Coverage

Category scope

Appendix

US Market Insights

Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more , https://www.spendedge.com/request-for-demo?

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

KEYWORD:

INDUSTRY KEYWORD: STEEL MANUFACTURING

SOURCE: SpendEdge

Copyright Business Wire 2020.

PUB: 11/17/2020 10:30 AM/DISC: 11/17/2020 10:31 AM

Copyright Business Wire 2020.