Market Overview

Silver Procurement Report: Silver Market Forecast, Insights into Category Growth Enablers and Supplier Evaluation Criteria Now Available from SpendEdge


a global procurement market intelligence firm, has announced the release
of their Global
Silver Category - Procurement Market Intelligence Report.
Silver is
utilized as a major source of investment and is majorly acquired in the
form of coins and bars. This is majorly influencing the demand for
silver fabrication. Apart from this, silver is high in demand in
countries like China and the US, which, in turn, is increasing the value
for the silver market.

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Global Silver Category - Procurement Market Intelligence Report (Graphic: Business Wire)

Global Silver Category - Procurement Market Intelligence Report (Graphic: Business Wire)

"To ensure that the product matches the quantity and quality mentioned
in the invoice, the buyers must involve an independent third-party to
inspect the quality and quantity at all shipping ports," says
SpendEdge procurement expert Angad Singh. "
Also, the buyers should
conduct a cost-benefit analysis to evaluate the supplier's performance
by comparing the forecast with the actual prices during the contract
period," added Angad.

SpendEdge sample reports are free of charge and provide insights that
focus on the cost-saving aspects of procurement and the optimization of
category spend.
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SpendEdge's procurement
market intelligence
reports for the heavy
category offer a detailed overview of the sustainability
and procurement best practices for both the buyers and the suppliers.
These reports offer valuable inputs such as major category management
objectives and analysis of the total cost of ownership while devising an
effective category management strategy. Additionally, SpendEdge's
reports provide insights on the cost-saving opportunities and category
pricing strategies.

The procurement experts at SpendEdge expect the following factors to
play a key role in influencing the global category spend for the
silver market.

  • High demand for silver in China and the US
  • Wide usage of silver in manufacturing electrical equipment and devices
  • To know more, View
    the full report

SpendEdge is now offering limited-time discounts on report
purchases. Buy two reports and get
the third one for free.


Report scope snapshot: Silver market

Cost-saving opportunities

  • Supplier side levers
  • Buyer side levers
  • Quantifying cost-saving opportunities
  • Interested to know more about the scope of our reports? Download
    a FREE sample

Best practices

  • Procurement excellence best practices
  • Procurement best practices
  • Sustainability practices
  • Want more information? Download
    a FREE sample

Category ecosystem

  • Market favorability index for suppliers
  • Competitiveness index for suppliers
  • Threat of new entrants

To view this report's table of contents, Download
a FREE sample

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement market intelligence partner
for Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.

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