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Purchasing Trends and Intentions for Mining Equipment, Parts and Consumables in Latin America, 2015

  • September 2015
  • -
  • GlobalData
  • -
  • 40 pages

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Purchasing Trends and Intentions for Mining Equipment, Parts and Consumables in Latin America, 2015

Summary

This report provides a detailed analysis of purchasing methods and spending trends in Latin American mining. Areas of analysis include -
- Future trends in expenditure and expectations for increased or decreased spend in four areas: plant and heavy equipment, equipment parts and components, explosives materials, and maintenance services
- Current methods for acquiring equipment, with a review of outright purchasing, rental, leasing and other types of financing arrangement
- An analysis of future changes to the number of supplier relationships, and whether respondents expect greater or fewer supplier relationships over the next 12 months
- Investigation into the biggest challenges facing buyers and decision makers in sourcing the right products
- Analysis of current decision making practices in Latin American mines
- Extent to which preferred supplier arrangements are in place and predictions for increased centralization of procurement.

Scope

- This report provides a detailed analysis of purchasing methods and spending trends for Latin America mines across plant and heavy equipment, parts and components, explosives, blasting materials and chemicals, and maintenance services.
- Survey respondents came from 14 different countries including: Peru, Chile, Colombia, Brazil, Mexico, Venezuela, Dominican Republic and Bolivia. This included five different commodity groups and a range of surface and underground mining operations.

Reasons to buy

- Compare the methods miners in Latin America use to acquire equipment, and how this is expected to change.
- Plan ahead based on general expectations within the Latin 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 Latin American mining industries Plan to rationalize or extend their supplier networks.
- Understand where decision making is made, be that at either the mine site or corporate head office.
- Identify the major challenges miners in Latin America face when sourcing equipment, and incorporate solutions to these in your sales, marketing and product strategies.

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