LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Precast Construction Category - Procurement Market Intelligence Report.
Buyers from both the building works as well as the civil works segment are increasing their application of the precast construction components owing to multiple advantages such as low lead times, assurance of consistent quality, higher volume discounts, low labor requirements, and high conformation to sustainability goals. Such advantages are accelerating the spend growth momentum for the precast construction market.
“Adopting a regional sourcing strategy will reduce the lead time that otherwise becomes a major challenge while procuring products such as the precast concrete from distant sources,” says SpendEdge procurement expert Angad Singh.
The construction industry is heavily dependent on the supply of raw materials. Moreover, knowledge of the key factors that influence the price of the precast concrete materials will guide the buyers to devise a cost-efficient and an optimal supply resource. Request a FREE sample report to get our expert’s advice in creating a profitable procurement plan.
The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the precast construction market.
- Ability to reduce production expenditure
- Precast construction components are known to have strong seismic resistance, excellent thermal performance, and low noise transmission
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SpendEdge is now offering limited-time discounts on report purchases. Buy two reports and get the third one for free.
SpendEdge’s procurement market intelligence reports for the facility management category help the buyers and the suppliers identify their total cost of ownership during the category management process. The reports offer key insights into strategic sourcing and procurement organization. Additionally, the reports inform on sustainability and procurement best practices.
Report scope snapshot: Precast construction market
- Quantifying cost-saving opportunities
- Quantifying cost savings by negotiation strategies
- Buyer-side levers
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Category management enablers
- Procurement organization
- Category enablers
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- Spend segmentation by region
- Global category spend
- Category spend growth
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