LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Heavy Duty Trucks Category - Procurement Market Intelligence Report.
This report forecasts an accelerating spend growth momentum for the heavy-duty trucks market due to the increase in the number of construction projects and growing demand for telematics and IoT-enabled heavy duty trucks.
“For buyers whose business is dependent on the performance of the heavy duty trucks, they must procure vehicles that implement predictive maintenance techniques. This will minimize sudden breakdowns of the vehicles and help the buyers to avoid operational downtimes,” says SpendEdge procurement expert Tridib Bora.
Supply-chain disruptions have highest risk probability and business impact on the category. This is one of the many critical findings offered in this procurement report that will offer the necessary vision to both the buyers and the suppliers to create an efficient category management strategy for heavy duty trucks as well as heavy duty trucks parts. Request a FREE sample report to know more about the scope of this comprehensive report.
The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the heavy duty trucks market.
- Increasing number of construction projects
- Growth of the automotive industry in emerging countries
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SpendEdge’s procurement market intelligence reports for the components and spares category provide detailed information on the major costs and volume drivers that impact the category growth. Such information will help the buyers as well as the suppliers to determine the total cost of ownership and design their procurement strategy accordingly. Additionally, SpendEdge’s reports provide insights on the sustainability and procurement best practices for the category.
Report scope snapshot: Heavy duty trucks market
Category ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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Category management enablers
- Procurement organization
- Category enablers
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Category definition
- Category hierarchy
- Category scope
- Category map
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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 that helps sourcing and procurement professionals make informed decisions.
