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Procurement Market Intelligence Report

Copper Pipes & Tubes
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Copper Pipes & Tubes?

What is the average price of Copper Pipes & Tubes?

This procurement report includes pricing information to help you purchase Copper Pipes & Tubes. 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 Copper Pipes & Tubes 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 Copper Pipes & Tubes 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 Copper Pipes & Tubes?

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 Copper Pipes & Tubes 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 in the copper pipes and tubes market is low, with the top four vendors generating about 20.0% of market revenue. Copper pipes and tubes are mass-produced to specific standardized dimensions for various industries in the industrial and construction sectors. As a result, product specialization is low, which... 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?

Experience

How long have you been active in this field? How long have you served operators in my market?

What is your repeat business rate for businesses in my industry? How does that compare with your overall rates?

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

Why did the last two clients you lost cancel their contracts with you? Which supplier are they using now?

Can you help design and build customized copper pipes and tubes?

Location

If I am located in a different region, do you anticipate any difficulties in delivering the products?

What are your shipping rates to my facilities? Do shipping rates vary if I need products shipped to more than one location?

What is the typical delivery time for this product?

Do you add a fuel surcharge to the delivery?

What is the minimum amount of money I need to spend for you to reduce or eliminate transportation charges?

Competition

How do you win and retain business?

How long have you provided this product to your longest client?

What is your reputation among customers? How have you developed it?

In what ways, if any, are your copper pipes and tubes superior to those of your competitors'?

Customer Service

Do you offer 24/7 customer service support?

Have you had any major complaints from customers?

What is your process for dealing with customer problems and complaints? Do you have an escalation process?

How have you developed and maintained customer relationships?

What is your return and exchange policy?

Quality

What quality awards have you won?

How long does it take you to order a product that is not in stock?

What promotional deals do you offer businesses?

What is the average life-span of this product?

Supply Chain Risk

How do you minimize production costs? How often do you pass on such costs to your clients?

Have you ever experienced a price spike from one or more of your suppliers? How did you cope with this spike?

How do you manage risk in your supply chain?

Have you experienced an increase or decrease in demand for copper pipes and tubes? How are you planning to accommodate this change in the future?

How often do you evaluate your supply costs to ensure they are competitive?

How has your company been impacted by the pandemic and volatile copper prices? What measures are you taking to handle increased or reduced demand?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the amount of the contract award.

Buyers should explain when and how many payments will be made.

Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for copper pipes and tubes.

Selection Criteria

Buyers should take into account the durability of the copper piping and its expected lifespan.

Buyers should ensure that a vendor will be able to meet the product specifications laid out.

Buyers should assess the extent of additional product offerings a vendor has.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should outline all important RFP dates.

Buyers need to include the date when proposals are due and when award information will be available.

Buyers should detail the payment schedule and delivery dates for products.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The market for copper pipes and tubes has a moderate level of supply chain risk. Upstream suppliers and downstream buyers have faced a range of issues during the three years to 2021 that have impacted their supply chain risk. For instance, tariffs placed on copper alloys and other copper inputs... Subscribe to learn more.

HIGH

MEDIUM

LOW