Although buyer power has been hampered by rising demand and prices for industrial fasteners, buyers have benefited from low market share concentration and switching costs, both of which have bolstered competition in the market. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has updated a report on the procurement of Industrial Fasteners in its growing collection of procurement category market research reports.
Los Angeles, California (PRWEB) January 12, 2015
Industrial fasteners have a buyer score of 2.6 out of 5, which indicates a shared power balance between buyers and suppliers when negotiating supply agreements.(…)
