About Lubricants Category in Australia
Lubricants also known as lube oils are refined crude oils. Lubricants are generally available in different form-solid, petroleum-based, and gaseous. They contain a major portion of base oil and a small percentage of additives. They are used to reduce friction, thereby decreasing wear and tear, in metal components when they encounter one another.
Furthermore, the sales of LCVs are expected to proliferate in Australia, thereby contributing to the demand growth for lubricants.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in The Lubricants Category in Australia. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
This report, Lubricants Category in Australia, 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 the optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Lubricants also known as lube oils are refined crude oils. Lubricants are generally available in different form-solid, petroleum-based, and gaseous. They contain a major portion of base oil and a small percentage of additives. They are used to reduce friction, thereby decreasing wear and tear, in metal components when they encounter one another.
Furthermore, the sales of LCVs are expected to proliferate in Australia, thereby contributing to the demand growth for lubricants.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in The Lubricants Category in Australia. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
This report, Lubricants Category in Australia, 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 the optimization of category spend.
Category driver
- Restarting of coal and iron ore mining activities in Australia
- For a full, detailed list, view our report
Category management strategy
- Reduce ad hoc purchases through the adoption of collaborative demand planning
- For a full, detailed list, view our report
Procurement best practices
- Integrate demand management with supplier
- For a full, detailed list, view our report
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive Summary
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
List of Exhibits
Executive Summary
The report recognizes the following companies as the key suppliers: Shell, BP, ExxonMobil, Total, PETRONAS, Chevron, FUCHS, Valvoline, CNOOC, Gulf Western, TriTech Lubricants, Prolube Lubricants, and TRANZ Lubricants.Commenting on the report, a research analyst said: “One of the procurement best practices for buyers is to prefer suppliers with high expertise in oil analysis programs.”
According to the report, one of the key growth contributors for the lubricants category in Australia is the recovery of the Australian mining companies.
Further, the report states that one of the key category management strategies for the buyers in the lubricants category in Australia is to engage with suppliers that provide reverse logistics support.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Shell
- BP
- ExxonMobil
- Total
- PETRONAS
- Chevron
Methodology
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