What Is a Resource Market?

Resource market analysis refers to analyzing the situation of the resource market according to the types of materials required by the enterprise, including resource distribution, supplier conditions, variety quality, price conditions, and transportation conditions.

Resource market analysis

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Resource market analysis refers to analyzing the situation of the resource market according to the types of materials required by the enterprise, including resource distribution, supplier conditions, variety quality, price conditions, and transportation conditions.
Chinese name
Resource market analysis
Object
enterprise
Corresponding
Material Variety
Attributes
Variety quality,
Content of resource market analysis After investigating the resource market, it is necessary to analyze the information and data obtained.
The analysis mainly involves the following aspects: [1]
(1) Determine the type of market. To determine whether the resource market is a scarce market or a surplus market? Is it a monopoly market or a competitive market? For a monopoly market, we should adopt a monopoly procurement strategy in the future; for a competitive market, we should adopt a competitive procurement strategy. For example, the system of bidding and bidding, and a multi-angle system of commerce and so on are adopted.
(2) Determine the nature of the market. To determine whether the resource market is a growth market or a decline market? If it is a decline market, we must prepare to replace the product as soon as possible. Don't wait until the product is eliminated before developing a new product.
(3) Determine the supply level of the market. It is necessary to determine the total supply level of the resource market and select the appropriate supplier based on the overall market level. Usually we have to choose suppliers with advanced production capacity in the resource market, and choose suppliers with good product quality and reasonable prices.

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