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Purchasing Trends and Intentions in Mining in Europe, 2015

This report provides a detailed analysis of purchasing methods and expected expenditures for European and the former Soviet Union mines. Areas of analysis include: • Current methods for acquiring equipment, with a review of outright purchasing, rental, leasing and other types of financing arrangements. • Future trends in expenditure and expectations for increased or decreased spend in four areas: plant and heavy equipment, equipment parts and components, explosives materials, and maintenance services. • An analysis of future changes to the number of supplier relationships, and whether respondents expect greater or fewer supplier relationships over the next 12 months. • Investigation into the biggest challenges facing buyers and decision makers in sourcing the right products. Read more details at: http://www.bigmarketresearch.com/purchasing-trends-and-intentions-in-mining-in-europe-and-the-former-soviet-union-2015-market

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Purchasing Trends and Intentions in Mining in Europe, 2015

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  1. Purchasing Trends and Intentions in Mining in Europe and the Former Soviet Union, 2015

  2. Synopsis • ●The outlook for future expenditure on mining equipment and services is positive. Whilst the majority of respondents expect no change in spend, over a quarter plan to increase expenditure in all areas, including plant and heavy equipment, maintenance services, equipment parts and components and explosives, blasting materials and chemicals, with best opportunities for suppliers in Scandinavia and the former Soviet Union. • ● Outright purchase is the most common purchasing method. Some 68% of respondents nominated outright purchase as the method they use for heavy mining equipment. This was the dominant method of procurement, with all other methods being used by fewer than 20% of respondents in each case. • ● Challenges in sourcing the right products are related to supplier attributes and capabilities. Some 67% of respondents identified that their biggest challenge when sourcing the right products were factors related to supplier attributes and capabilities, such as the availability of spare parts and on-time delivery. • Access The Full Report On: http://www.bigmarketresearch.com/purchasing-trends-and-intentions-in-mining-in-europe-and-the-former-soviet-union-2015-market

  3. Summary This report provides a detailed analysis of purchasing methods and expected expenditures for European and the former Soviet Union mines. Areas of analysis include: • Current methods for acquiring equipment, with a review of outright purchasing, rental, leasing and other types of financing arrangements. • Future trends in expenditure and expectations for increased or decreased spend in four areas: plant and heavy equipment, equipment parts and components, explosives materials, and maintenance services. • An analysis of future changes to the number of supplier relationships, and whether respondents expect greater or fewer supplier relationships over the next 12 months. • Investigation into the biggest challenges facing buyers and decision makers in sourcing the right products. • Extent to which preferred supplier arrangements are in place and predictions for increased centralisation of procurement.

  4. Scope The survey is based on responses from 100 senior managers and decision makers at European and former Soviet Union mines, responsible for the purchase of equipment for plant within mine operations, along with its consumables. Survey respondents came from 23 different countries: Albania, Armenia, Belgium, Bosnia, Cyprus, Finland, France, Germany, Greece, Ireland, Kazakhstan, Macedonia, Norway, Poland, Portugal, Romania, Russia, Slovakia, Spain, Sweden, Turkey, Ukraine and the United Kingdom. This included 4 different commodity groups and a range of surface and underground mining operations. To Get More Details Enquire @ http://www.bigmarketresearch.com/report-enquiry/220113

  5. Key Highlights The outlook for future expenditure on mining equipment and services is positive. Whilst the majority of respondents expect no change in spend, over a quarter plan to increase expenditure in all areas, including plant and heavy equipment, maintenance services, equipment parts and components and explosives, blasting materials and chemicals, with best opportunities for suppliers in Scandinavia and the former Soviet Union. Outright purchase is the most common purchasing method. Some 68% of respondents nominated outright purchase as the method they use for heavy mining equipment. This was the dominant method of procurement, with all other methods being used by fewer than 20% of respondents in each case. Challenges in sourcing the right products are related to supplier attributes and capabilities. Some 67% of respondents identified that their biggest challenge when sourcing the right products were factors related to supplier attributes and capabilities, such as the availability of spare parts and on-time delivery.

  6. Table of Contents: Table of Contents: 1 Executive Summary 2 Future Spending Predictions 3 Current Purchasing preferences 4 Challenges In Sourcing The Right Products 5 Centralization and Preferred Suppliers 6 Conclusion 7 Appendix I 8 Appendix II 9 Appendix III

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