Purchasing Trends and Intentions in Mining in Europe and the Former Soviet Union, 2015

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The outlook for future expenditure on mining equipment and services is positive. Whilst the majority of respondents expect no change in spend, over a quarter plan to increase expenditure in all areas, including plant and heavy equipment, maintenance services, equipment parts and components and explosives, blasting materials and chemicals, with best opportunities for suppliers in Scandinavia and the former Soviet Union.

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Outright purchase is the most common purchasing method. Some 68% of respondents nominated outright purchase as the method they use for heavy mining equipment. This was the dominant method of procurement, with all other methods being used by fewer than 20% of respondents in each case.

Challenges in sourcing the right products are related to supplier attributes and capabilities. Some 67% of respondents identified that their biggest challenge when sourcing the right products were factors related to supplier attributes and capabilities, such as the availability of spare parts and on-time delivery.

Reasons to buy:-

Compare The methods miners in Europe and former Soviet Union use to acquire equipment, and how this is expected to change

Plan ahead based on general expectations within the European and the former Soviet Union mining industry for future expenditure, and how this varies by segment, such as mine type, commodity, company size and region.

Understand how different customer segments in the European and former Soviet Union mining industries plan to rationalise or extend their supplier networksIdentify the major challenges miners in Europe...