LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Renewable Energy Category - Procurement Market Intelligence Report.
Latest analysis reveals that the renewable energy market is poised to witness an exponential growth in the year ahead. However, such growth is resulting in an enhanced competition between firms that deal with clean energy sources. From the perspective of a supplier, they need to have specific insights that differentiate their market strategy from the competitors, while from the perspective of the buyers, they need to employ critical procurement practices that will help them leverage the various renewable energy advantages to achieve their business goal Talk to our experts, to get tailored insights that meet your specific business needs.
The report states that increasing focus on energy management to reduce the carbon footprint of the industrial infrastructure is prompting the demand for different renewable energy types. This is majorly contributing towards the growth of this market. This market’s growth is further supplemented with subsidization of the renewable energy that is enabling the suppliers to provide the products at lower costs. Request a free sample, to know more about the factors that are changing the dynamics of the market on a regular basis.
“The buyers must partner with suppliers who pledge compliance with all the laws and regulations pertaining to the generation and sales of renewable energy. This will help the buyers avoid litigations and penalties which can cause operational downtime and damage the buyer’s brand integrity,” says SpendEdge procurement expert Anil Seth.
This procurement report has highlighted the strategic levers for the buyers that are considered intrinsic to achieve a risk-free and a profitable procurement strategy in the renewable energy market. Get in touch with our procurement experts to get customized market information.
- The suppliers must be assessed based on their adoption of preventive measures to avoid occupational hazards such as falls, confined-space hazards, fires, and electrical currents.
- Category managers assess suppliers based on their innovative capabilities such as the use of various software for increasing their productivity.
- Purchase the Report to know more about the critical factors that are playing a major role in shaping the business strategy of your competitors.
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SpendEdge’s procurement market intelligence reports for the utilities category offer significant insights into procurement organization objectives and identifies key cost and volume drivers that are impacting pricing. Additionally, SpendEdge’s reports provide insights on the sustainability and supplier operational capability matrix for the category.
Report scope snapshot: Renewable energy market
US market insights
- Supplier cost structure in the US
- Margins of suppliers in the US
- Category cost drivers
- Interested to know more about the scope of our reports? Download a FREE sample
Best practices
- Procurement excellence best practices
- Procurement best practices
- Sustainability practices
- Want customized information? Get in touch
Category ecosystem
- Competitiveness index for suppliers
- Buyer power
- Supplier power score
- To view this report’s table of contents, Download a FREE sample
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