Aarkstore - Purchasing Trends and Intentions in African Mining, 2014

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Purchasing Trends and Intentions in African
Mining, 2014
Category Metals-Mining

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Summary
This report analyses purchasing strategies and
expectations for future expenditure on plant,
equipment, parts and services in the African
mining sector. It is based on an extensive survey
conducted by Timetric between July and September
2014, covering 108 mine managers, maintenance
managers, procurement managers and other key
decision-makers in over 100 operating African
mines.   Areas of analysis include Current
methods for acquiring equipment, with a review of
outright purchasing, rental, leasing and other
types of financing arrangements. Future trends
in expenditure and expectations for increased or
decreased spend in four areas plant and heavy
equipment, equipment parts and components,
explosives materials, and maintenance
services. An analysis of future changes to the
number of supplier relationships, and whether
respondents expect greater or fewer supplier
relationships over the next 12 months.
Investigation into the biggest challenges facing
buyers and decision makers in sourcing the right
products. Extent to which preferred supplier
arrangements are in place and predictions for
increased centralization of procurement.
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Key Highlights
Outright purchase is the most common purchasing
method for mining equipment, used by 66 of
respondents African miners are optimistic about
future expenditure, with the majority of
respondents expecting expenditure to increase
across all four categories of plant, equipment,
consumables and services investigated. African
miners are increasingly centralizing procurement
with 49 of respondents expecting greater
centralization of purchasing over the next two
years.
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Reasons To Buy
Compare the methods African miners use to acquire
equipment, and how this is expected to
change Plan ahead based on general expectations
within the African mining industry for future
expenditure, and how this varies by segment, such
as mine type, commodity and company
size. Understand how different customer segments
in African mining plan to rationalize or extend
their supplier networks Identify the major
challenges African miners face when sourcing
equipment, and incorporate solutions to these in
your sales, marketing and product strategies
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Table Of Content
1 Executive Summary 2 Current Purchasing
preferences 2.1 Purchasing Methods for Heavy
Mobile Equipment 2.2 Rental Agreements 3 Future
Spending Predictions 3.1 Expected Changes in
Expenditure 3.2 Spending Across all Categories to
Increase 3.3 Anticipated Changes to the Number of
Supplier Relationships 4 Challenges In Sourcing
The Right Products 5 Centralisation and
Preferred Suppliers 5.1 Changes in
Centralisation 5.2 Preferred Supplier
Arrangements 5.3 Prevalence of Dominant Single
Suppliers 6 Conclusion 7 Appendix List Of
Tables Table 1 Expected Change in Use of
Purchase Method in Next Two Years (), 2014 Table
2 Expected Change in Expenditure by Area in Next
12 Months (), 2014 Table 3 Changes in the
Number of Supplier Relationships Expected in Next
12 Months (), 2014
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Purchasing Trends and Intentions in African
Mining, 2014 Published Dec 2014  34
Pages This report analyses purchasing strategies
and expectations for future expenditure on plant,
equipment, parts and services in the African
mining sector. It is based on an extensive survey
conducted by Timetric between July and September
2014, covering 108 mine managers, maintenance
managers, procurement managers and other key
decision-makers in over 100 operating African
mines.   
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Contact Us
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