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ReportsnReports: 2014 Global Mining Industry Buyer Spend and Procurement Strategies and Market Trends

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					  Global Mining Survey 2013-2014 -
  Market Trends, Buyer Spend and
Procurement Strategies in the Global
          Mining Industry
 Published Date: January 2013     No. of Pages: 133


 Price: Single User: US $ 2000   Corporate user: US $ 6000
New market research Report on “Global Mining Survey Industry Buyer Spend and Procurement
Strategies” added to ReportsnReports.com

This report is available starting Jan 26, 2013. Feel free to pre-order it now or raise your questions, if any.

Global Mining Survey 2013-2014: Market Trends, Buyer Spend and Procurement Strategies in the Global Mining
Industry” is a new report by ICD Research that analyzes how global mining industry companies' procurement
expenditure, business strategies, and practices are set to change in 2013-2014. This report provides data and
analysis on category-level spending outlooks, budgets, supplier selection criteria, business challenges, and
investment opportunities of leading purchase decision makers in the global mining industry. The report also
identifies future growth of buyers and suppliers, MandA, and e-procurement in the global mining industry. This
report not only grants access to the opinions and strategies of business decision makers and competitors in the
global mining industry, but also examines their actions surrounding business priorities. The report also provides
access to information categorized by region, company type, and sizes.

Key Features and Benefits
Project industry trends and revenue growth expectations in 2013 and understand business confidence to make
informed business decisions.
Drive revenues by understanding future product investment areas and key growth regions.
Uncover key challenges and opportunities and identify key actions required to maintain and win buyer business.
Formulate effective sales and marketing strategies by identifying how buyer budgets are changing and the
direction of spending in the future. Better promote your business by aligning your capabilities and business
practices with your customer's changing needs.
Secure stronger customer relationships by understanding the behavior and changing strategies of industry
buyers.
Key Market Issues
China is identified to be the important region for growth among emerging markets, along with India, Brazil, and
South Africa. Expansion of mining activities, increase in demand for metals, together with strong economic
growth, are considered the important reasons by respondents for selecting these regions.

Market uncertainty', 'falling demand', 'responding to pricing pressure', and 'retention or recruitment of skilled staff
are identified by respondents as the pressing business concerns in the global mining industry. Among buyers,
50% of respondents rate 'market uncertainty' as the important business concern in 2013, while 42% highlight
'falling demand'. Among suppliers, 'market uncertainty' and 'responding to pricing pressure' are considered the
significant business challenges in 2013, according to 57% and 36% of respondents respectively.

The average size of the global annual procurement budget among mining industry buyers is forecast at US$78
million for 2013. A comparison of global procurement budgets by operating region shows that global mining
industry buyers with leading operations in North America have the highest average procurement budgets in
2013, at US$156 million.

Financial strength and stability', 'existing relationship with supplier', 'delivery lead times', and 'price' are
considered the most important factors for supplier selection in the global mining industry, while 'proximity of
supplier operations', 'environmental records and CSR', and 'brand reputation' are considered the least important.

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Description: This report provides data and analysis on category-level spending outlooks, budgets, supplier selection criteria, business challenges, and investment opportunities of leading purchase decision makers in the global mining industry.