Market Overview

Global Forging Procurement Market Intelligence Report - ResearchAndMarkets.com

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The "Global
Forging - Procurement Market Intelligence Report"
report has
been added to ResearchAndMarkets.com's offering.

Forging is a metal shaping technique in which the material is shaped
through localized compressive forces exerted manually or through powered
hammer presses or forging machines. Forging helps to produce discrete
parts with many different shapes and sizes. Typically, forged parts
include nuts, bolts, rivets, crane hooks, connecting rods, turbine
shafts, and hand tools. End-user industries such as automotive,
industrial manufacturing, aerospace and defense, and agriculture
dominate the global forging market.

The report provides actionable insights to improve source-to-contract
cycle performance in the Global Forging Market. It helps sourcing
professionals formulate better category strategies, enhance savings,
understand supplier and market challenges, and implement sourcing best
practices.

One of the procurement best practices for buyers is to engage with
suppliers that incorporate simulation process for design.

According to the report, one of the key growth contributors for the
global forging market is the growth in end-user industries such as
automotive, industrial manufacturing, aerospace and defense, and
agriculture.

Further, the report states that one of the key category management
strategies for the buyers in the global forging market is to focus on
supply assurance by implementing software such as ERP and SCM.

The study was conducted using an objective combination of primary and
secondary information including inputs from key participants in the
industry. The report contains actionable insights to improve
source-to-contract cycle performance in addition to a PESTLE analysis.

Companies Mentioned

  • ATI
  • thyssenkrupp
  • Alcoa
  • Nippon Steel & Sumitomo Metal
  • Bharat Forge
  • American Axle and Manufacturing

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

13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/84z8db/global_forging?w=4

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