1. Purchasing Trends and Intentions in Australian
Mining, 2014
by
Timetric
Explore all reports for
“Mining”
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2. Purchasing Trends and Intentions in
Australian Mining, 2014
Synopsis
This report, based on a survey of 110 buyers and decision-makers at Australian mines,
examines respondents' current purchasing methods together with the expectations
regarding future expenditure and supplier relationships for different plant, equipment,
services and consumables purchases. The report highlights the transistion of the
Australian Mining Industry from an expansion phase to a production phase, and trends in
purchasing across different customer segments, illustrating the challenges and
opportunities for equipment, service and consumables suppliers.
Summary
Mining equipment is one the major areas of expenditure for a mine. With the Australian
mining industry currently facing a lack of available capital, pressure is being applied on
purchasing decisions, which is resulting in changes in procurement strategies and
behavior.
Understanding the changes in procurement behaviors is critical for mining equipment and
service suppliers.
In an effort to gain insight into this issue, in February and March 2014, Timetric surveyed
110 mine managers, maintenance managers, procurement managers and other key
decision-makers currently working in 90 Australian mines.
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3. Purchasing Trends and Intentions in
Australian Mining, 2014
Key findings include:
Despite being the dominant method of equipment purchase, outright purchase
is expected to fall significantly in the next two years;
More respondents see rental agreements increasing than any other method;
Plant and heavy equipment will see the largest expenditure cuts within the next
12 months.
Scope
This report focuses on the Australian mining market and examines trends in
purchasing across a range of different categories including plant and heavy
equipment; equipment consumables; equipment parts and components,
maintenance services; and explosives, blasting materials and chemicals.
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4. Purchasing Trends and Intentions in
Australian Mining, 2014
Key highlights
Overall trends in the data revealed:
Despite being the dominant method of equipment purchasing, outright purchase is
expected to fall significantly in the next two years.
More respondents see rental agreements increasing than any other method.
Plant and heavy equipment will see the largest expenditure cuts over 2014 and 2015.
The biggest challenge identified was sourcing equipment that was ?fit for purpose',
including specific references to equipment suiting mine conditions.
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rname=15899 .
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5. Purchasing Trends and Intentions in Australian
Mining, 2014
For more details contact Mr. Ritesh Tiwari:For more details contact Mr. Ritesh Tiwari: sales@marketreportsstore.comsales@marketreportsstore.com //
+18883915441+18883915441
Market Reports Store
Market Reports Store is your one-stop online shop for syndicated industry research reports onMarket Reports Store is your one-stop online shop for syndicated industry research reports on
25+ categories and their sub-sectors. We bring to you to the latest in market research across25+ categories and their sub-sectors. We bring to you to the latest in market research across
multiple industries and geographies from leading research publishers across the globe.multiple industries and geographies from leading research publishers across the globe.
© Market Reports Store / Contact sales@marketreportsstore.com

6. Purchasing Trends and Intentions in Australian
Mining, 2014
For more details contact Mr. Ritesh Tiwari:For more details contact Mr. Ritesh Tiwari: sales@marketreportsstore.comsales@marketreportsstore.com //
+18883915441+18883915441
Market Reports Store
Market Reports Store is your one-stop online shop for syndicated industry research reports onMarket Reports Store is your one-stop online shop for syndicated industry research reports on
25+ categories and their sub-sectors. We bring to you to the latest in market research across25+ categories and their sub-sectors. We bring to you to the latest in market research across
multiple industries and geographies from leading research publishers across the globe.multiple industries and geographies from leading research publishers across the globe.
© Market Reports Store / Contact sales@marketreportsstore.com