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Transmission Fluids Market: Transmission Fluid, Automatic Transmission Fluid, Procurement Best Practices, Supplier Market Ecosystem Insights, and Spend Growth Data Now Available from SpendEdge

September 19, 2018

LONDON--(BUSINESS WIRE)--Sep 19, 2018--SpendEdge, a global procurement market intelligence firm, has announced the release of their

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Global Transmission Fluids Category - Procurement Market Intelligence Report. (Graphic: Business Wire)

High demand for automatic transmission fluids owing to the development and growing usage of low-cost automatic vehicles will impact the transmission fluid market. However, the report projects a decelerating spend growth momentum for this market in the coming years owing to the development of innovative transmission systems with low fluid replacement rates.

“To reduce category spend, the buyers must adopt a strategic contract management approach and enter into partnerships with the suppliers,” says SpendEdge procurement expert Tridib Bora. “This practice also includes periodic modification of the contract terms based on the buyer’s procurement needs,” added Tridib.

In this procurement report, the buyers have conducted a comprehensive analysis of the transmission fluid market to identify factors that will impact the future growth prospects of the market. to get access to such actionable insights that have helped several key stakeholders devise a cohesive and a futuristic market strategy to sustain and grow in the dynamic market.

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

Increasing usage and development of low-cost automatic vehicles driving demand of automatic transmission fluid. High demand for the synthetic transmission fluids market segment. To know more,

SpendEdge’s procurement market intelligence reports for the chemicals category help in identifying category pricing dynamics which assist both the buyers and the suppliers design a cost-effective category procurement strategy. The reports highlight supplier performance benchmarking criteria to help buyers achieve their procurement goals. Additionally, SpendEdge’s reports provide insights on the sustainability and procurement best practices for the category.

Report scope snapshot: Transmission fluid market

Best practices

Procurement excellence best practices Procurement best practices Sustainability practices Interested to know more about the scope of our reports?

Category management strategy

Supplier and buyer KPIs Outsourcing category management activities Risk management Want more information?

Category pricing insights

Total cost of ownership analysis Overview of pricing models Comparison of pricing models To view this report’s table of contents,

Do you purchase multiple reports in a year? Our subscription platform, , provides ready-to-use procurement research reports for multiple categories, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button.

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About SpendEdge:

shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005357/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Consultant

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 09/19/2018 07:34 AM/DISC: 09/19/2018 07:34 AM

http://www.businesswire.com/news/home/20180919005357/en

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