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Purchasing Trends and
Intentions in Mining in
North America, 2015
Category : Mining
All logos and Images mentioned on this slide belong to their respective owners.
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Introduction to Report
Launch Date: June 12, 2015
Number of Pages: 38
Geography Coverage: North America
Available Format: PDF
Price For Single User License: USD 2,495
Price For Site User License: USD 4,990
Price For Global User License: USD 7,485
Delivery Time: Within 24 Hours (During Working Days)
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About the Report
Purchasing Trends and Intentions in Mining in North America, 2015 report provides a detailed analysis of purchasing methods and spending trends in North American mining.
The survey is based on responses from 101 senior managers and decision makers at North American mines, responsible for the purchase of equipment for plant within mine operations, along with its consumables. Survey respondents came from either Canada or the United States. This included 4 different commodity groups and a range of surface and underground mining operations
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Key Highlights:
Respondents from mines in North America expect stability in their expenditure. The majority of respondents expect spending to be flat, for instance 56% for ‘plant and heavy equipment
Outright purchase is the most common purchasing method. Some 69% 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 27% of respondents in each case.
67% of respondents identified that their biggest challenge when sourcing products were factors related to supplier attributes and capabilities, such as the availability of spare parts and dealing with remote locations.
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Key Highlights Continues…
In North America, the majority of decisions are still made at the mine site, accounting for around 65% of all final decisions.
Over 28% of respondents expected more centralization of purchasing decisions over the next two years.
Some 55% of respondents indicated they had a preferred global supply agreement, and when responses were broken down by type of purchase covered by the preferred supplier, trucks dominated.
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Reasons to Buy:
Compare the methods miners in North America use to acquire equipment, and how this is expected to change
Plan ahead based on general expectations within the North American 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 North American mining industries Plan to rationalise or extend their supplier networks.
Understand where decision making is made, be that at either the mine site or corporate head office.
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Report Coverage:
1. Executive Summary
2. Future Spending Predictions
3. Challenges In Sourcing Products
4. Centralization and Preferred Suppliers
5. Conclusion
6. Appendix I
7. Appendix II
For more details regarding Report coverage see the last slideAll logos and Images mentioned on this slide belong to their respective owners.
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Company Coverage:
1. Glencore
2. Rio Tinto
3. Vale
4. Teck Resources
5. Dominion Diamonds
For more details regarding company coverage see the last slideAll Images mentioned on this slide belong to their respective owners.
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