With the growth of electric vehicles, supply shortage is expected in the Class 1 Nickel market. Stainless steel producers may have to compete with battery makers for supplies of Class 1 Nickel.
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Thanks to explosive growth of electric vehicles and other gadgets, the share of batteries will continue to increase in the coming years leaving less room for other end uses, especially Glass.
HVAC maintenance usually makes up a big chunk of a procurement organization’s Indirect spend. Internet of Things (IOT)-based predictive maintenance could be a game changer within the HVAC industry.
Warranty management has always been a challenging task for procurement managers in many asset intensive organizations. Although it is always been relegated as a non-productive, nonessential, manually intensive administrative task, nobody ever denies its potential to lower asset lifecycle costs.
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