NEW YORK, September 28, 2021 / PRNewswire / – BizVibe has added key challenges and trends for the electrical equipment and component manufacturing industry profiles to its platform. Over 6,000 business profiles will now contain over 50 business data points, including a list of potential challenges that are expected to impact market players over the next few years.
One of the challenges highlighted is the rising cost of labor. With margins still threatened by competition and other external forces, industry players are also grappling with rising labor costs. Increases in minimum and average wages due to government regulations or competitive wages impact the costs companies incur in securing even low-skilled jobs. The pinch is greater for operators who have a higher proportion of permanent staff. By identifying these challenges, BizVibe helps users analyze which vendors are right for their business, while allowing them to effectively monitor the risk of doing business.
Get free access to all industry challenges
Key information provided to manufacturers of electrical equipment and components
In addition to analyzing the expected impact of key challenges on businesses, BizVibe Business Profiles contain a wealth of high-quality information to help users discover, track, compare and evaluate suppliers or prospects. This information includes:
- Relevance and influence of industry trends and challenges, segmented by region
- Press releases and media coverage referring to key trends and challenges
- Risk score of doing business, segmented by operational, financial, compliance and country risk
- Main competitors of the company at global, regional and national levels
- Names of key business decision makers, including job titles and social profiles
- Company financial data such as annual turnover, profitability ratios and management efficiency
View over 50 corporate data points for free
Product and service categories of electrical equipment and components
BizVibe’s platform provides access to over 10 million business profiles of buyers and suppliers. Companies in over 200 countries are categorized into more than 40,000 product and service categories, each providing detailed information tailored to the needs of sourcing and sales teams around the world. The Electrical Equipment and Components Manufacturing industry group includes over 6,000 company profiles categorized into more than 50 product and service categories, enabling customers to identify and connect with new partners potential salespeople in various market segments.
Product and service categories for the electrical equipment and component manufacturing industry include:
Get free access to the company profile for all categories
BizVibe for buyers and sellers
BizVibe is a modern B2B platform dedicated to connecting buyers and sellers around the world. Powered by the latest cutting edge solutions, BizVibe is designed to help businesses generate leads, prequalify suppliers, request proposals, and identify global companies. Evaluate companies side-by-side to compare key metrics and initiate productive partnerships.
Buyers use BizVibe to discover suppliers from over 5 million businesses using advanced search filters and comparison tools. Features for buyers include:
- Preselect potential suppliers
- Track and compare companies
- Configure personalized news alerts
- Quickly create and personalize RFIs
Discover the services for buyers of BizVibe: https://www.bizvibe.com/buyers
Salespeople can take advantage of BizVibe’s smart business intelligence tools to discover, assess, and connect with leads in over 300 categories. Features for sellers include:
- Identify and qualify prospects
- Receive personalized lead recommendations
- Analyze and evaluate potential buyers
- Integrate CRMs for efficient data transfer
Discover BizVibe sellers tools: https://www.bizvibe.com/sellers
BizVibe was conceptualized and built by a team based on Toronto, Bangalore, and London. We are a subsidiary of Infiniti Research and have dedicated units at all three sites. BizVibe helps buyers find the most relevant suppliers around the world and helps sellers target prospects who are in need of their products and / or services. For more information, please visit www.bizvibe.com and get started for free today.
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