Purchasing Trends and Intentions in African Mining, 2014

Date: 2015-09

“This report analyses purchasing strategies and expectations for future expenditure on plant, equipment, parts and services in the African mining sector. It is based on an extensive survey conducted by Timetric between July and September 2014, covering 108 mine managers, maintenance managers, procurement managers and other key decision-makers in over 100 operating African mines.

Areas of analysis include:

• Current methods for acquiring equipment, with a review of outright purchasing, rental, leasing and other types of financing arrangements.

• 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.

• 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.

• Extent to which preferred supplier arrangements are in place and predictions for increased centralization of procurement.”

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