Learn about actual and potential costs
How much should I pay for Cushioning Supplies?
What is the average price of Cushioning Supplies?
This procurement report includes pricing information to help you purchase Cushioning Supplies. 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 Cushioning Supplies 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 Cushioning Supplies 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 Cushioning Supplies?
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 Cushioning Supplies 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 Cushioning Supplies?
There is a low level of market share concentration because the top four vendors in the market account for less than 30.0% of total market revenue and none of the 2,300 suppliers in the market control more than 5.0% of market revenue. Nevertheless, in the three years to 2018, market... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How do you check for quality? How does this minimize production errors?
How often do you check for quality?
What are your employee expectations? How do you ensure that your employees meet them?
How often do you update quality control procedures?
How is the lead time for orders affected by the product and services you offer?
What system do you have in place to stock items for rapid delivery?
What discounts do I receive with bundled goods?
Do you have reviews for each of the products and services you offer?
How will you adjust to rising plastic material and resin costs?
How do you minimize administrative costs? What about labor costs?
What other cost-reducing measures do you take? How is this reflected in your pricing?
How often do you check for operational efficiency?
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Key elements for every RFP
What should my Cushioning Supplies RFP include?
Buyers should inform suppliers of the maximum value of the contract.
Buyers should state the terms under which their supplier can alter prices throughout the length of the contract.
Buyers should make it clear that although there is a maximum budget for the contract, suppliers with lower bids will be viewed favorably.
Buyers should give preference to bidders that offer competitive prices.
Buyers should give preference to bidders that have proven success with contracts that are similar in size and scope.
For other selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date that the RFP was issued.
If applicable, buyers should include the dates of any pre-bid meetings or site visits.
Buyers should include the submission due date and the award announcement date
Evaluate major factors to mitigate risk
How risky is the Cushioning Supplies supply chain?
There is a medium level of supply chain risk in the cushioning supplies market. Among upstream suppliers, plastic and resin manufacturers, and the oil refiners that supply them, generate the greatest amount of risk for cushioning supply vendors. Much of the risk stems from the volatile price of plastic materials... Subscribe to learn more.