Automotive & Engineering Lubricants prices follow oil , but not to the same extent

| 0 Comments
Alan Low - Latest.jpgThe following two graphs (left: automotive lubricants; right: engineering lubricants) depict the basket indexes of automotive and engineering lubricants for the past two years. "It reflects the inexorable rise of lubricant prices paid by larger SA organisations on the back of the increasing oil price. On closer inspection, however, it is interesting to note that automotive lubricants have risen considerably less than engineering oils (by almost 10%)", Alan Low, MD of Purchasing Index recently told SmartProcurement.
Automotive Lubricants.pngEngineering Lubricants.png"SA suppliers of fuels and lubricants are, perhaps surprisingly, having a tough time in the present economic conditions. The reason for this is that the DME (Department of Minerals & Energy) has not increased the margin on petrol for the oil companies, many of whom are now supplying fuel to their larger clients at a loss. This makes the lubricants market especially important and there is intense competition to win lubrication business with larger consumers. PI believes that SA customers should therefore ensure that they regularly test the market to ensure that they continue to get the lowest prices commensurate with the levels of service that they require.

In addition, it is extremely important that users make sure that they are using lubricants as efficiently as possible. "There is much evidence from tribologists and lubrication consultants that companies often do not use the most suitable lubricant for each application, resulting in wastage and ultimately increased repair and maintenance bills for equipment. Whilst price is an extremely important issue, failing to consider the other components of total cost of ownership can often result in far greater expense to the organisation", Low concluded.

Alan Low can be contacted on the details below:
Telephone: +27 11 803 0005
Cell: +27 84 890 0005
Email: alan@pricetrak.co.za

Leave a comment


 

 

Career opportunites

Tutor and Coordinator

  • Gauteng Operations, Planning & Inventory Permanent Procurement Management Supplier / Business Development
Purpose of the job: To plan, coach, advise

Commodity Manager

  • <500 000 Commodities Gauteng Procurement Management
Are you a Commodity Manager looking for the

Supply Chain Professional

  • <500 000 Gauteng Procurement Management Supply Chain
I specialize in placing professionals in the Supply

Supply Planning

  • <500 000 Gauteng Operations, Planning & Inventory Supply Chain
Seeking dynamic candidates to take to the market

Industrial Engineer

  • <500 000 Gauteng Industrial Engineer Procurement Consultant
Are you an Industrial Engineer looking to make

Logistics Manager

  • >500 000 Gauteng Logistics & Warehousing Supply Chain
Seeking vibrant industry specific individuals seeking new opportunities

Operations Manager

  • <500 000 Gauteng Operations, Planning & Inventory Procurement Management
Looking for an Operations Manager to take into

Supply Chain Systems Administrator

  • >500 000 Gauteng Procurement Management Strategic Sourcing Supply Chain
One of South Africa's leading, mining companies is

Logistics Manager

  • <500 000 Gauteng Logistics & Warehousing Procurement Management
Are you an experienced Logistics Manager looking for

Continuous Improvement Manager

  • >500 000 Gauteng Procurement Management Supply Chain
I specialize in placing professionals in the Supply

Warehouse Assistant

  • <500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory
I am currently looking for ambitious Demand Planner,

Internal Procurement Officer

  • <500 000 Gauteng Permanent Procurement Officer / Specialist Strategic Sourcing
Position Available: Internal Procurement Officer Status : New ...More

Supply Chain Officer

  • <500 000 Gauteng Procurement Officer / Specialist Supply Chain
Seeking dynamic candidates to take to the market

Supply Chain Planner

  • <500 000 Free State Operations, Planning & Inventory Supply Chain
Seeking dynamic candidates to take to the market

Senior Buyer

  • >500 000 Buyer Gauteng Procurement Management
Tech-Pro specialises in placing professionals in the Supply

Industrial Engineer

  • <500 000 Gauteng Industrial Engineer
Tech-Pro specialises in placing professionals in the Supply

Warehouse Manager

  • >500 000 Gauteng Logistics & Warehousing Operations, Planning & Inventory Supply Chain
Seeking hands on individuals that come from an

Manufacturing Purchasing Specialist

  • >500 000 Procurement Officer / Specialist Supply Chain Western Cape
A leading auto manufacture company based in Cape

Procurement Sourcing Specialist

  • <500 000 Gauteng Procurement Consultant Strategic Sourcing
A Leader in the Supply Chain industry is

Planning Manager

  • >500 000 Gauteng Operations, Planning & Inventory Procurement Management
Looking for Planning Managers to take into the