Learn about actual and potential costs
How much should I pay for Catalytic Converters?
What is the average price of Catalytic Converters?
This procurement report includes pricing information to help you purchase Catalytic Converters. 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 Catalytic Converters 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 Catalytic Converters 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 Catalytic Converters?
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 Catalytic Converters 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 Catalytic Converters?
Among the estimated 50,000 providers of catalytic converters, the top four players account for less than 30.0% of total market revenue, signaling a low level of concentration. Most vendors choose to operate within particular market segments, curbing their ability to garner a significant share of revenue. For example, suppliers usually... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How many branches do you have across the United States? Globally?
What types of shipment methods do you use?
What is your delivery schedule and turnaround rate for both domestic and international orders?
What is your delivery on-time rate?
How do you manage shipment issues?
To what extent can you overnight products? What are the added fees, if any?
How can I bundle goods to reduce shipping rates?
What is your acceptable margin of error for the production of catalytic converters?
How many recalls have you had in the past three years? Were these recalls voluntary or mandated? What problems created the need for the recalls? How have you handled these recalls?
What types of technical issues have you experienced with this product?
What is the typical inspection process that your product undergoes? What internal testing procedures do you use to ensure product quality?
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Key elements for every RFP
What should my Catalytic Converters RFP include?
Buyers should specify the total budget for the requested products.
Vendors should include a cost schedule for their products, as well as any other costs for which buyers are responsible (e.g., shipping).
Buyers should evaluate the extent to which the products meet their needs.
Buyers should evaluate vendors based on their cost proposals.
Buyers should evaluate the useful life of the products.
Buyers should evaluate the warranties associated with the products.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date proposals are due and any other relevant dates (e.g., inspections, etc.) prior to the contract award.
Buyers should include the date by which they must receive the products.
Evaluate major factors to mitigate risk
How risky is the Catalytic Converters supply chain?
The supply chain risk for catalytic converters is moderate. Suppliers of catalytic converters source inputs from many upstream vendors, including iron and steel manufacturers, platinum manufacturers, steel rolling and drawing firms, inorganic chemical manufacturers and aluminum manufacturers. The risk in the supply chain is driven by volatile inputs that affect... Subscribe to learn more.