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Tires Market 2018: Global Procurement Report - Top Five Suppliers are Bridgestone, Michelin, Goodyear, Continental, and Pirelli - ResearchAndMarkets.com

May 17, 2018

DUBLIN--(BUSINESS WIRE)--May 17, 2018--The “Global Tires - Procurement Market Intelligence Report” report has been added to ResearchAndMarkets.com’s offering.

The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

One of the procurement best practices for buyers is to analyze the total cost of ownership for potential tires from various suppliers. They should analyze the total cost of ownership for different brands for their fleet of vehicles before purchasing from suppliers.

According to the report, one of the key growth contributors for the global tires market is the rise in the use of e-commerce platforms by tire manufacturers and dealers. Most of the major tire manufacturers have an online sales approach and e-commerce service partner program that can be beneficial for tire dealers, manufacturers, as well as consumers.

Further, the report states that major procurement challenge experienced by the buyers is the difficulty in estimating the overall costs associated with procuring tires.

Companies Mentioned

Bridgestone Michelin Goodyear Continental Pirelli

Key Topics Covered

1. Category at a Glance

2. Scope of the Report

3. Market Insights

4. Supply Market Insights

5. Pricing Insights

6. Procurement Insights

7. Top Five Suppliers

For more information about this report visit https://www.researchandmarkets.com/research/rhpgpp/tires_market?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180517006250/en/

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Related Topics:Automotive Tires

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE TIRES & RUBBER

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 05/17/2018 02:37 PM/DISC: 05/17/2018 02:37 PM

http://www.businesswire.com/news/home/20180517006250/en

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