Learn about actual and potential costs
How much should I pay for Adhesives?
What is the average price of Adhesives?
This procurement report includes pricing information to help you purchase Adhesives. 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 Adhesives 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 Adhesives 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 Adhesives?
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 Adhesives 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 is moderate, with the top four adhesive manufacturers accounting for an estimated 32.0% of total market revenue. There are an estimated 1,395 adhesive suppliers in the United States. Market share concentration is moderate because large initial capital investments prevent new suppliers from entering the market easily. However,... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Supply Chain Risk
How do you manage risk in your supply chain?
How often do you evaluate your supply chain's prices to ensure they are still competitive?
How do you adjust your operations in times of high demand and low demand? How do you mitigate demand volatility?
Would the bankruptcy or revenue volatility of any of your key clients or suppliers adversely affect your operations?
What is your breakdown of market by revenue?
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?
What type of samples do you offer?
Do you have any agreements with group purchasing organizations or integrated delivery networks?
Are there any incentives for repeat customers?
What promotional deals exist for bulk buyers?
How often do you experience defects with your products?
To what degree are in-process inspections and process controls carried out?
How many recalls have you had? What problems created the need for the recalls?
Are batch control procedures and inspection route cards used during all manufacturing processes?
Geographically, from where are critical inputs sourced? Tell me about your quality assurance processes and audits for overseas suppliers.
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Key elements for every RFP
What should my RFP include?
Buyers should explicitly state the amount for the award.
Buyers should describe the desired type of supply contract, including the desired payment terms.
Buyers should explain the schedule by which payments will be made.
For assistance in ascertaining a reasonable price and price range for adhesives, buyers can consult the Benchmark Price section of this report.
Buyers should look for suppliers that have been in business for a long time and have experience serving similar businesses.
Buyers should ask for a list of references from current and former clients.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should communicate to prospective suppliers when award information results will be provided.
Buyers need to provide due dates for long-term contracts so that they know when to expect shipments.
Buyers should provide general expectations with regard to response time and customer service.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for adhesives exhibits a high level of risk, primarily due to coronavirus pandemic. Adhesives are manufactured using a wide range of inorganic and organic chemicals. As a result, suppliers depend on chemical wholesalers to provide the inputs required to produce adhesives. Disruptions in the supply of necessary... Subscribe to learn more.