Learn about actual and potential costs
How much should I pay for Abrasives?
What is the average price of Abrasives?
This procurement report includes pricing information to help you purchase Abrasives. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Abrasives been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Abrasives yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Abrasives?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Abrasives with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Market share concentration in the abrasives market is medium. Of the more than 7,000 suppliers operating in this market, the top four companies (3M, Saint-Gobain, Sandvik and Washington Mills) make up about 35.0% of total market revenue. Despite moderate concentration and the presence of a few large-scale suppliers, the abrasives... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
If I am located in a different region, do you anticipate any difficulties in delivering the product?
What is the typical on-time delivery rate?
How many branches do you have across the United States?
What is your return policy on faulty products?
Can you ship internationally?
How long does it take you to order a product that is not in stock?
Where is your closest manufacturing facility in relation to my jobsite?
From where do you source your metal?
Have you ever experienced any supply chain disruptions or shortages in the past? How have you handled these shortages?
How do you control sudden spikes in aluminum and diamond prices?
How often do you reassess list prices in relation to fluctuations in input costs?
How do you mitigate risk associated with acquiring metal inputs?
Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?
How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?
How many specialists do you employ?
Does your company match lower prices?
Which wholesalers and retailers supply your product? Are they satisfied?
What additional services or features come with a large purchase or contract that other companies do not provide?
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Key elements for every RFP
What should my RFP include?
Buyers should include as much information as possible about the total scope of the project. If buyers require a constant supply of abrasives, this should be included.
Buyers should include information about the payment schedule (i.e. if it is incremental or done at the completion of the project).
Buyers can consult the Benchmark Price section of this report to determine how much they should pay for abrasives.
Buyers should specify what measures of quality they will be using to select a supplier. For example, these measures can be reputation, credentials of staff, customer service and depth of the technical plan submitted.
Buyers should choose a supplier based on the price estimate given.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include a deadline for proposal submissions and when the contract will be awarded.
Buyers should include a timeline of the project, including walkthroughs and delivery.
Buyers should include any other benchmark dates that are relevant to the project.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for abrasives carries a medium level of risk. Aluminum, the most commonly used input for abrasives, exhibits volatile prices because it is heavily influenced by macroeconomic conditions in the international trade market. Aluminum has displayed sharp changes in price during the past couple of years due to... Subscribe to learn more.