DUBLIN--(BUSINESS WIRE)--The "Global Magnetite - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
Magnetite is a form of iron ore. It is an oxide of iron with the chemical formula Fe3O4 and is also known as lodestone. It is often found in the shape of isometric crystals and has a metallic black luster. Magnetite is also used in compass and navigation devices due to its property of aligning with the earth's magnetic field. Moreover, the market for magnetite is expected to grow due to the growth of the steel industry as a result of the rising construction activities across regions.
The report provides actionable insights to improve source-to-contract cycle performance in the Global Magnetite Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Magnetite Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
One of the procurement best practices for buyers is to engage with suppliers that have adopted special programs.
According to the report, one of the key growth contributors for the global magnetite market is the increasing demand from the end-user industries such as construction, chemical, and medical industries.
Further, the report states that one of the key category management strategies for the buyers in the global magnetite market is to engage with suppliers that have the scalability of inputs such as electricity and fuel for expansion of mining and processing operations.
- Rio Tinto
- Fortescue Metals
- United States Steel
Key Topics Covered:
1: Executive Summary
2: Market Insights
3: Category Pricing Insights
4: Cost-Saving Opportunities
5: Best Practices
6: Category Ecosystem
7: Category Management Strategy
8: Category Management Enablers
9: Suppliers Selection
10: Suppliers Under Coverage
11: Us Market Insights
12: Category Definition
For more information about this report visit https://www.researchandmarkets.com/research/6ztcl9/global_magnetite?w=4