Major Price Models in the Oil and Gas Engineering, Procurement, Construction Management Sourcing and Procurement Market
The report discusses in detail each pricing model and the pros and cons attached to every pricing model prevalent in the market. Also, the report provides insights with respect to the category supply chain and the margins of various suppliers within the supply chain.
- The most widely adopted pricing models in the Oil and Gas Engineering, Procurement, Construction Management Sourcing and Procurement Market
- Fixed fee/lump sum
- Cost-plus
- GMP
Spend Growth and Demand by Region
The Oil and Gas Engineering, Procurement, Construction Management Sourcing and Procurement market will register an incremental spend of about USD 17.13 Billion during the forecast period. However, only a few regions will drive the majority of this growth. Moreover, on the supply side, North America, Europe, and APAC will have the maximum influence owing to the supplier base. The growth is expected to be primarily driven by increasing demand and adoption of the category across those few regions.
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Most Adopted Procurement Strategies by Buyers Across the Oil and Gas Engineering, Procurement, Construction Management Sourcing and Procurement Market
The report provides a detailed insight of the most adopted procurement strategies by buyers across industries and analysis of these strategies with respect to innovation, regulatory compliance, quality, supply, and cost. Adoption of these procurement strategies will enable the buyers to reduce category TCO and achieve cost savings, while sourcing for thermal equipment requirements.
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