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Procurement Market Intelligence Report

Dampers
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Dampers?

What is the average price of Dampers?

This procurement report includes pricing information to help you purchase Dampers. 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 Dampers 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 Dampers 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 Dampers?

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 Dampers 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 among damper suppliers is low. ProcurementIQ estimates that there are 4,400 suppliers operating in the United States, the majority of which are small and midsize manufacturers and wholesalers serving local and regional markets. In fact, ProcurementIQ projects that more than 90.0% of damper suppliers employ fewer than... 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 industry?

Could you provide key personnel backgrounds and experience?

What are some similar clients you have serviced, along with dates and service periods?

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

Supply Chain Risk

How many suppliers do you source from?

Who are your most important suppliers? How long have you been in business with them?

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

How often do you evaluate your supply chain's prices to ensure they are still competitive?

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?

Durability

What is the typical inspection process that your product undergoes? What internal testing procedures do you use to ensure product quality?

What is the quality control training process like? How experienced are your inspection personnel?

What is your acceptable margin of error for the products I am seeking to purchase?

How many recalls have you had? Were they voluntary or mandated?

Competition

How long have you provided product to your longest-tenured client?

How do you win and retain business?

What is your reputation like among competitors and buyers and how have you developed it?

How do your research and development expenses compare to those of your competitors?

Do you honor competitors' pricing deals or promotions?

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

Shipping

Can you provide a list of your distribution facilities' locations, domestically and internationally?

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

Do you allow clients to use their own shipping, transportation or delivery methods?

Do you have inventory or supply issues with any of the goods we are ordering?

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?

Related Goods

Do you offer any complementary products or services with the purchase of this damper?

Other than your referral, are there any other incentives for me to use your preferred installer?

What type of discounts do you offer for specific types or brands?

What promotional deals are there for bulk buyers?

Are there any incentives for repeat customers?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the amount for the award.

Buyers should describe the desired type of supply contract, including the desired payment terms and contract length.

Buyers should explain the schedule by which payments will be made.

For assistance in ascertaining a reasonable price and price range for dampers, buyers can consult the Benchmark Price section of this report.

Selection Criteria

Buyers should look for suppliers that have been in business for a long time and have experience serving similar businesses.

Buyers should ask for a list of references from current and former clients.

Buyers should give preference to local suppliers to cut down on transportation costs and to simplify communication.

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

Project Schedule

Buyers should communicate to prospective suppliers when award information results will be provided.

Buyers need to provide due dates for long-term contracts so that they know when to expect shipments.

Buyers should provide general expectations with regard to response time and customer service.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Dampers have a medium level of supply chain risk, the bulk of which stems from suppliers' reliance on metals like steel, aluminum and copper, which account for more than two-thirds of the average supplier's total purchase costs. The prices of these metals, particularly steel, are typically highly volatile due to... Subscribe to learn more.

HIGH

MEDIUM

LOW