Learn about actual and potential costs
How much should I pay for Electronic Article Surveillance Tags?
What is the average price of Electronic Article Surveillance Tags?
This procurement report includes pricing information to help you purchase Electronic Article Surveillance Tags. 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 Electronic Article Surveillance Tags 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 Electronic Article Surveillance Tags 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 Electronic Article Surveillance Tags?
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 Electronic Article Surveillance Tags 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 ?
There is a high level of market share concentration among EAS tag suppliers; the top four companies in the market account for over 70.0% of total market revenue in 2020. High market share concentration hampers buyer power because buyers do not have a wide selection of suppliers to choose from;... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How do you mitigate sudden raw material price increases?
How diversified is your supplier base for inputs? If input costs rise, do you have other suppliers from which you can source the materials?
During the past three years, what percentage of revenue has been dedicated to raw materials? How will that change in the next three years?
What type of disruptions to the supply chain have you experienced? How did you handle such situations?
How often do you invest in new production equipment?
What types of decisions have you made to better control costs and improve efficiency?
What percent of your revenue comes from your five largest customers?
If you were to lose a large customer, how would your business be impacted?
As competition has increased, have you increased your marketing efforts to attract new clients?
During the economic downturn, how did your company stay profitable? Did you cut employees or cut other expenses?
What types of investments are you making in new products, related goods or new plants? Do you have a backup plan if the investments go sour?
What type of system or software do you use to manage client accounts?
What type of customer support do you offer after business hours?
What is the process for handling customer problems and complaints? What is the escalation process?
What is your repeat business rate?
How large is your average client? How does size impact who manages my account?
How do you evaluate customer feedback? How frequently?
What type of training do you offer to train my employees to properly apply and remove EAS tags?
How long have you been selling EAS tags? How long have you been selling to buyers in my field?
What are some of the similar buyers to which you have sold EAS tags? When?
How experienced are your employees? What is your retention rate?
What types of similar projects have you worked on in the past?
Why did the past three clients you lost cancel their contracts with you?
Where are your manufacturing facilities and warehouses located? What types of raw materials or products does each facility provide?
How do products move from manufacturing facilities to distribution centers? How do you determine the level of inventory at each center?
What type of systems do you use to control the supply chain?
How do you protect raw materials and products from damage during storage, production or delivery?
What is the usual inventory level at each distribution center?
How long will it take to order a product that is not in stock?
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Key elements for every RFP
What should my RFP include?
Buyers should specify their budget for the procurement of EAS tags
Buyers should inquire about any additional fees that have been unaccounted for until this point
Buyers can reference the Benchmark Price and Total Cost of Ownership sections for help creating a budget
Buyers should ask about discounts provided for bundling and cash discounts
Buyers should ask vendors for proof of financial stability
Buyers should ask vendors for a list of products that satisfy RFP requirements
Buyers should ask for references from previous clients
Buyers should ask if the vendor offers product testing before purchase
Buyers should ask vendors to show any similar previous contracts or projects to exemplify their qualifications
Buyers can ask if their products are ENSA S20.20 compliant.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should plan out the timeline for the completion of this project
Buyers must include the specific date the project will be finished by.
Buyers should include benchmark dates important to the project
Buyers should indicate when final payment will be made by
Evaluate major factors to mitigate risk
How risky is the supply chain?
There is a medium level of supply chain risk in the EAS tag market, which limits buyer power by discouraging suppliers from lowering prices. Supply chain risk has been elevated by the imposition of tariffs on goods imported from China and China's retaliatory tariffs on US exports. EAS tags are... Subscribe to learn more.