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Procurement Market Intelligence Report

Alternators
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Alternators?

What is the average price of Alternators?

This procurement report includes pricing information to help you purchase Alternators. 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 Alternators 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 Alternators 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 Alternators?

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 Alternators 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 Alternators?

Among the estimated 14,000 vendors in the market, the top four account for between 30% and 50% of total market revenue, signaling a moderate level of concentration. Although market share concentration is moderate, competition is fierce. Because of the homogenous nature of alternators, major suppliers differentiate themselves based on factors... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Customer Service

Do clients have a dedicated account manager or do they call a general support line?

How many clients does each account manager look after?

What systems/software do you use to manage accounts?

Do you offer around-the-clock technical support?

How can I reach customer service representatives? What is the typical response time for each of these methods?

What is your repeat business rate? Why do companies not renew their contract with your business?

Experience

What are some similar clients you have serviced, along with dates and service period?

Could you provide a list of client references, along with contact information?

Could you provide key personnel backgrounds and experience?

What industry do you most commonly supply this product for?

What kind of training do your employees receive? Are records available for proof?

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Key elements for every RFP

What should my Alternators RFP include?

Project Budget

Buyers should specify the total budget for the alternators.

Vendors should include a cost schedule for their alternators, as well as any other costs for which buyers are responsible (e.g. shipping).

Selection Criteria

Buyers should evaluate the extent to which the alternators meet their specifications.

Buyers should evaluate vendors based on their cost proposals.

Buyers should evaluate the useful life of the alternators.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include the date proposals are due and any other relevant dates (e.g. interviews, inspections, etc.) prior to the contract award.

Buyers should include the date by which they must receive the alternators.

Evaluate major factors to mitigate risk

How risky is the Alternators supply chain?

Vendors of alternators are exposed to a moderate degree of supply chain risk, primarily stemming from the volatility of steel prices. Steel prices have been rising during the three years to 2019, and are anticipated to continue rising during the three years to 2022 due to recently announced tariffs on... Subscribe to learn more.

HIGH

MEDIUM

LOW