Learn about actual and potential costs
How much should I pay for Barricades & Barrier Tapes?
What is the average price of Barricades & Barrier Tapes?
This procurement report includes pricing information to help you purchase Barricades & Barrier Tapes. 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 Barricades & Barrier Tapes 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 Barricades & Barrier Tapes 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 Barricades & Barrier Tapes?
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 Barricades & Barrier Tapes 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 for barricades and barrier tapes is low; the top four suppliers, Brady Corporation, W.W. Grainger Inc., 3M Company and The Home Depot Inc., account for less than 30.0% of market revenue. A total of 3,800 suppliers operate in the market, most of which are wholesalers and retailers.... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Experience and Expertise
How long have you provided these products to your longest-tenured client?
What qualifications does your staff have and what measures do you take to keep those qualifications up to date?
What industry do you most commonly supply this product for?
To what extent will ordering multiple products from your firm allow me to save on costs?
What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?
Supply Chain Risk
Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?
Has the availability of raw materials tightened due to the coronavirus outbreak?
Over the past three years, what percentage of your revenue has been dedicated to labor?
How have fluctuations in input prices affected the prices of your products during the past three years?
How do you mitigate sudden price increases in raw materials?
When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?
How, if at all, has your supply chain been affected by import tariffs levied in 2018?
How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?
How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?
What ongoing training procedures do you provide for your staff?
Have you ever been found to be noncompliant with regulatory frameworks?
Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
How does an increase in raw material prices (e.g. plastic, steel) affect your business and me as a buyer?
How would you deal with price changes for manufacturing machinery?
Prices for some of your inputs have been volatile in the past. Do you have a plan to mitigate supply chain risk due to a price fluctuation?
How do you assure the quality of your primary inputs?
Can you tell me about a time when there was a disruption in the supply chain? What did you do to fix it?
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?
Amidst widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased/reduced demand?
What steps do you take to ensure delivery times are accurate and dependable?
How do you transport the product?
What is your policy on returns?
How does the quantity of my purchase affect delivery price? Can I save on delivery costs by bundling other goods?
What happens if the product is damaged during delivery?
How long have you been in the business of manufacturing, wholesaling or retailing barricades and barrier tapes?
Is your firm insured or bonded?
Are you now or have ever been involved in a merger, acquisition or other divestment? How did this impact your business?
Do you commonly supply buyers that operate in my industry?
Do you have any long-term clients we can speak to as professional references? Can you describe their relationship with your company?
What is the average length of a customer relationship for your company?
Do you conduct any marketing research to determine how satisfied customers are with your products and service? Can you share these results with me?
What percent of your customers are repeat customers? What do you think causes your repeat customers to continue doing business with you?
Additional Product Offerings
Are there any other goods and services you supply that pertain to my business?
What advantages are afforded if I choose to bundle barricades with other related products you sell?
Does my price change if I buy from one location versus another?
If I choose to bundle goods, how will my shipping options change?
What is the average life span of this barricade or tape?
How often are defective products reported? How many recalls have you had?
If a faulty barricade is delivered, how quickly will I receive a replacement? Who pays for the shipping cost?
If someone were to be injured from a defect in the barricade that you supply me, who would be liable for these damages?
How are customer service inquiries handled?
What is your response time in the event that I am not satisfied with the product?
Do you employ a team of customer service representatives?
Can you describe a time when a client's product was faulty and you responded promptly?
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Key elements for every RFP
What should my RFP include?
Buyers should include as much information about the total scope of the project as possible. If buyers have a budget in mind, this should be included in the proposal, so the service providers can create estimates based on this amount.
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 about how much they should pay for the requested products.
Buyers should select a vendor that best adheres to their quality and product specifications.
Buyers should select a vendor who is able to meet deadlines while maintaining the required product characteristics presented in the RFP.
Buyers should have an objective evaluation method weighing their desired quality and pricing factors to evaluate potential vendors.
For help creating an evaluation method, buyers can reference the Buying-Decision Scorecard of this report.
Buyers should include a deadline for proposal submittals and when the contract will be awarded.
Buyers should include a timeline of the project, walkthrough dates and expected completion date.
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?
There is a moderate level of supply chain risk for barricades and barrier tapes. Although disruptions in the supply chain can affect market prices for barricades and barrier tape, it is unlikely that any supply chain disruption will be severe enough to prevent barriers and barricade products from reaching the... Subscribe to learn more.