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Procurement Market Intelligence Report

Contract Filling Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Contract Filling Services?

What is the average price of Contract Filling Services?

This procurement report includes pricing information to help you purchase Contract Filling Services. 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 Contract Filling Services 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 Contract Filling Services 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 Contract Filling Services?

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 Contract Filling Services 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 ?

Contract filling services can be procured from an estimated 231 suppliers. Currently, the top four suppliers account for less than 30.0% of market revenue, which indicates low market share concentration. Most suppliers operate on a local or regional basis due to significant transportation costs, thereby maintaining the low level of... 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?

Regulation

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?

Technology

How frequently do you upgrade your filling machinery and equipment?

Do you use any proprietary equipment that distinguishes you from competitors?

How do you monitor accurate fulfillment of filling services?

Does your equipment and machinery allow you to deal with a variety of substances? If so, what types?

Experience

What are some of the common issues leading to failure of service? How do you address these issues?

With what types of filling services do you have the most experience?

How many clients in the same market as mine do you currently serve?

How have your operations progressed through the years?

Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased/reduced demand?

Customer Support

How do you track customer satisfaction?

Have you had major complaints in the past? How have you dealt with them?

What licenses and certifications do you have?

How many of your clients are repeat customers?

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?

Additional Services

What additional support services are included in your quoted price?

What level of cost savings can I achieve by procuring your warehousing and distribution services?

What are the terms for bundled services? Can I opt out of it after entering a contract?

What is the typical turnaround time for your distribution services?

Competition

What is your reputation among customers, and how have you developed it?

How does your service differ from similar competitors? How do you win and retain business?

Do you match rates from competitors?

How do you market your services to potential clients?

Service Performance

How do you ensure the accuracy/quality of your services? What systems/tools/software do you have in place to minimize the number of errors?

What kind of warranties can you provide for the integrity of the work?

How often do you experience downtime/errors/inaccuracies with your service? What is your uptime rate, and what is your target uptime rate?

Do you primarily handle projects in-house, or do you outsource the work? How is quality overseen for work that is completed by subcontractors?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should specify the total budget for the filling services.

Buyers should suggest the best method of billing.

Buyers should have a plan in place for selecting a supplier in the event of a tie bid.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers should prioritize service providers that are located nearby to cut lead times and transportation costs.

Buyers should ensure that suppliers are licensed to perform work in the state where services are solicited.

Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.

Project Schedule

Buyers need to indicate the date when proposals are due.

Buyers need to indicate the required frequency of the filling services.

Buyers should indicate the date by which the filling project must be completed.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk for contract filling services has been moderate in the three years to 2020. Key first tier inputs include plastic bottles, metal cans and containers and packaging machinery. While there is a relatively low risk of supply disruptions, the majority of first and second tier suppliers pose a... Subscribe to learn more.

HIGH

MEDIUM

LOW