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Automotive Ignition System Market: Types of Ignition Systems, Ignition System Components, Car Ignition System, Category Management, Supplier Operational Capability Insights, Cost-benefit Analysis, Spend Growth Data Now Available from SpendEdge

October 10, 2018

LONDON--(BUSINESS WIRE)--Oct 10, 2018--SpendEdge, a global procurement market intelligence firm, has announced the release of their .

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181010005543/en/

Global Automotive Ignition System Category - Procurement Market Intelligence Report (Graphic: Business Wire)

This procurement report highlights the key challenges and market drivers that are predicted to influence the automotive ignition system market. This market has been observed to grow in tandem with the global automotive industry. This spikes the competitive nature of the market; thereby, making it essential for companies to stay ahead of their peers in terms of product development and innovations. to get a glimpse on the newest developments and innovations that are bringing about changes in the global market scenario.

“In order to tackle the spiraling cost of the category, the buyers must partner with suppliers who can implement BOT models, where the supplier receives payment from the buyer on the basis of manufacturing costs. This reduces the buyers’ ad-hoc spend and procurement cost,” says SpendEdge procurement expert Tridib Bora.

Selection of the suppliers is considered critical in driving a successful execution of a procurement strategy and is also functional in helping the buyers attain their brand integrity in the automotive ignition system market. Our procurement experts have highlighted some of the major characteristics of the supply market ecosystem and have also identified the key supplier selection insights that will help in the appropriate selection of suppliers. to get personalized guidance in devising your business-specific procurement strategy.

According to our procurement experts, some of the major characteristics of the automotive ignition system supply market are:

The product defect rate is used to measure the supplier’s ability in providing products that meet and satisfy the buyer’s requirement The category managers can maximize cost-savings by executing the consortium bidding strategy, where the procurement needs of multiple buyers are clubbed to gain better negotiation power over suppliers. , to know more about the factors that play a deciding role on the demand for the automotive ignition system.

SpendEdge’s procurement market intelligence reports for the components and spares category provide detailed information on the major costs and volume drivers that impact category growth. Such information will help the buyers as well as the suppliers to determine the total cost of ownership and change their procurement strategies accordingly. Additionally, SpendEdge’s reports provide insights into the sustainability and procurement best practices for the category.

Report scope snapshot: Automotive ignition system market

Cost-saving opportunities

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

Best practices

Procurement excellence best practices Procurement best practices Sustainability practices Want customized information?

Category pricing insights

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

Do you purchase multiple reports in a year? Our subscription platform, , provides ready-to-use procurement research reports for multiple categories. Now access 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/20181010005543/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

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

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 10/10/2018 09:00 AM/DISC: 10/10/2018 09:01 AM

http://www.businesswire.com/news/home/20181010005543/en

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