LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Aviation Fuel Category - Procurement Market Intelligence Report. The aviation fuel market will witness an accelerated spend growth momentum owing to the growth of the air travel industry. This growth is resulting in the creation of newer aviation routes and new aircraft fleets, which is consequently increasing the demand for jet fuel and aviation fuel.
“Suppliers must incorporate an IT infrastructure in the manufacturing and distribution processes of aviation fuel to offer transparency to the buyers,” says SpendEdge procurement expert Tridib Bora. “The buyers should assess the suppliers based on their ability to offer timely and appropriate maintenance services for cleaning the storage tankers and underground pipelines that are used for storage and transportation of aviation fuel,” added Tridib.
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The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the aviation fuel market.
- Increasing demand for jet fuel and aviation fuel due to introduction of new aviation routes and aircraft
- Increasing demand for aviation fuel types such as the jet fuel from the end-user industries
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Report scope snapshot: Aviation fuel market
US market insights
- Category spend in the US
- Supplier cost structure in the US
- Margins of suppliers in the US
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Suppliers selection
- Incumbent supplier evaluation metrics
- Service level agreement
- Supplier selection criteria
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Category management strategy
- Category management objectives
- Supplier and buyer KPIs
- Outsourcing category management activities
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