Supply Security: OTR tire market
OTR tire market that has been showing a hike in demand and a stiff supply in the recent past and such a scenario is expected to prevail in the years ahead. The write up reflects light on the challenges faced, current mining trend and risk around such segment. It basically focuses on how the mining companies are tackling such a tight supply demand situation and latest technologies and tire maintenance plans being offered by the tire manufacturers to ensure better ways of extending tire life.
It revolves around the procurement strategies being followed by mining firms for supply assurance and the steps that need to be undertaken in the near future.
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