Let us discuss:
To begin, lubricants are a mixture of raw ingredients, primarily base oils and specialist compounds known as additives. Now, before we go on to the supply point strategy, let's get the following facts straight.
Because total added cost is a crucial component for decision makers, selecting a blending plant for production is critical in conjunction with distribution costs.
The Africa, Middle East & Asia Pacific regions do blend at 30 to 40 % lower cost than Europe & America.
Here are the components of the following factors:-
* Many firms have used this method to create a win-win situation, which has aided them in the following areas:
This concept is applicable to any industry and is widely used as part of a cost-cutting strategy.
Thank-You for reading this blog, hope it helped you out!
Rosefield Energy Tech Pvt Ltd is an organization founded with the objective of creating an ecosystem for the energy sector. Through various initiatives like Rosefield Masterclass, Rosefield University, Rosefield B2B portal, the founders want to make a difference in the energy sector. The parent company Rosefield DAA international has been founded by experts having core business consulting and facilitating search for business partners in lubricant industry . In short span of 4+ years it has carved out a niche for itself. Learn More.
Leave a Comment