Building Materials Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis
The building materials will grow at a CAGR of 5.02% during 2020-2024. Prices in will increase by 3%-5% during the forecast period and suppliers will have a moderate bargaining power in this market. Compagnie de Saint-Gobain SA, CEMEX SAB de CV, CRH Plc, Sika AG, HeidelbergCement AG, LafargeHolcim Ltd., Taiheiyo Cement Corp., Dayton Superior Corp., CSR Ltd., and DuPont de Nemours Inc. are among the prominent suppliers in building materials market.
Who are the Top Suppliers in the Building Materials Market?
Browse table of contents & list of exhibits and sample illustrations on spend growth, pricing trends, etc.
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Leading global suppliers can assist buyers in realizing high-cost savings through their efforts on areas such as forward integration, supplier synergies, reducing total ownership cost, manage ad hoc spend, negotiate on pricing and contractual terms, conference participation, managing labor price volatility, quality management, and reduction in ad-hoc spend. Collaborations with global suppliers will also help buyers in cost-saving and ensure high-quality procurement in the dynamic market.
This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their equipment finance requirements. Some of the leading equipment finance suppliers profiled extensively in this report include:
Compagnie de Saint-Gobain SA
CEMEX SAB de CV
CRH Plc
Sika AG
HeidelbergCement AG
LafargeHolcim Ltd.
Taiheiyo Cement Corp.
Dayton Superior Corp.
CSR Ltd.
DuPont de Nemours Inc.
Supplier Selection and Evaluation
Profile and service capabilities of the service provider, industry specialization of the service providers, reputation of service providers, and assessment of value-added services are some of the most critical parameters that buyers use to shortlist the suppliers in equipment finance.
This report evaluates suppliers based on vmi capabilities, local distribution networks, customization capability, and consultation capabilities. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, security compliance, regulatory mandates, legal requirements, quality control, change management procedures, pricing models, penalty clauses, sla nuances, acceptance criteria, and evaluation criteria.
What are the Major Pricing Trends in Building Materials Procurement?
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the moderate bargaining power of suppliers. This makes it extremely important to get the pricing and pricing model right. Buyers should align their preferred pricing models for building materials with the wider industry and identify the cost-saving potential.
Competitive pricing, volume-based pricing, and cost-plus pricing are the most widely adopted pricing models in the building materials. Each pricing model offers optimum benefits and fitment in specific situations. Buyers should identify the model that suits their operations in the best manner and link supplier performance to the pricing models.