Learn about actual and potential costs
How much should I pay for Auxiliary Generators?
What is the average price of Auxiliary Generators?
This procurement report includes pricing information to help you purchase Auxiliary Generators. 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 Auxiliary Generators 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 Auxiliary Generators 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 Auxiliary Generators?
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 Auxiliary Generators 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 ?
The market for auxiliary generators has a high level of market share concentration. Of the estimated 1,672 suppliers operating in the United States, the top four companies account for more than three-quarters of total market revenue. These suppliers have been able to utilize their size and expertise in generator and... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
From how many suppliers do you source your input materials?
How long have you been in supply agreements with these vendors?
What protocols do you have in place to mitigate fluctuations in the supply and price of raw materials?
How often do you evaluate your suppliers' prices to ensure they are still competitive?
Do you have alternate suppliers? If so, who are they?
Do you have a supplier rating system to measure supplier quality and delivery performance? How frequently are ratings reviewed?
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?
Do you offer warranties or repair and maintenance services?
Can these services be discounted if bundled with my purchase?
What kind of repair and maintenance work can I expect for this product over the short term and over the long term?
What are the typical response times in the event of a breakdown?
Do you offer installation services? If not, do you have relationships with preferred installers that can offer discounted services?
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Key elements for every RFP
What should my RFP include?
Buyers should state the total budget for purchasing auxiliary generators.
Buyers should provide a budget that is specifically for modifications and customization.
If installation services are being requested, buyers should state their budget for installation or any other additional services, such as maintenance and repair.
Buyers should assess the reliability of the supplier's generators.
Buyers should look at the prices offered by each supplier.
Buyers should take into account how closely the suppliers' offerings match the specifications stated in the RFP.
Buyers should provide a timeline that details key dates pertaining to the RFP process, such as the date to submit questions and the final date to submit bids.
Buyers should provide the date by which the final supplier selection will be made.
Buyers should indicate a start date, specifying when they expect implementation to occur.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for auxiliary generators exhibits a medium level of risk. Two of the primary inputs used to manufacture auxiliary generators are steel and aluminum, both of which are traded on the world market. Many of the casings, enclosures, wires and other metal components suppliers purchase to produce auxiliary... Subscribe to learn more.
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