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Procurement Market Intelligence Report

Electroshock Weapons
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Electroshock Weapons?

What is the average price of Electroshock Weapons?

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

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 Electroshock Weapons 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 ?

In 2020, ProcurementIQ estimates about 390 companies supply electroshock weapons (about 30 manufacturers and about 360 distributors). Collectively, the top four manufacturers account for greater than 90.0% of the market, indicating a high level of market concentration. This concentration level stems primarily from the dominance of Axon, which single-handedly accounts... 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?

Product Quality

How many reports of malfunctions has your company received in the past three years? How do you handle the discovery of faulty products?

How many of your products have been recalled in the past three years? What were the primary reasons for these recalls?

What measures do you take to ensure product quality?

How do sudden demand increases affect the quality of your products?

How frequently are your facilities updated and how does your company incorporate new technologies?

Regulation

What measures do you take to ensure your products meet state and federal regulations and how do these measures affect your production costs?

How have increasing regulations affected the pricing of your product?

How do you expect your pricing will change in response to anticipated regulatory changes over the next three years?

What pre-market compliance assessments are currently imposed on your products? How is this process projected to change over the next three years?

Related Goods & Services

Are there any accessories and related products offered at no additional cost with the purchase of your electroshock weapons?

Do you offer any discounts for purchasing related goods or accessories at the time of the weapons purchase? Do you offer any discounts on future purchases of related goods?

Do you offer any related services to help ensure successful use of your products at no additional cost or at a reduced price?

Can you meet my other needs for security and tactical equipment?

Product Availability

How large is your current inventory of electroshock weapons? How low do you allow your inventory to get before it is replenished?

How do you forecast future demand for your products and how do you adjust your inventory to prepare for anticipated demand fluctuations?

Have you formed any strategic partnerships that afford you additional supply if order volumes exceed your inventory volume?

How quickly can you get additional electroshock weapons if your inventory does not meet your order volume?

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

Repair Services & Product Support

Can you describe your product maintenance requirements and the frequency of required maintenance?

What events will void coverage under the service agreement? What is not covered under warranty?

What is the average turnaround time after a service call has been made?

What support do you provide after business hours?

Production Outsourcing

What parts of your product are outsourced? Where are they outsourced?

For parts of production that are outsourced overseas, are there any geopolitical factors that have disrupted production in the past or could disrupt production in the future?

How do you safeguard yourselves against the negative impact that these disruptions have on your supply chain?

Do you plan to onshore any stages of production currently outsourced overseas in the near future? What impact will this have on your production time and prices?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should include as much information about the total budget of the product as possible. If buyers wish to disclose a concrete amount or a number of units required, this information should be included.

Buyers should include information about the payment schedule (i.e. if it is incremental or done at the completion of the project).

Buyers can consult the Benchmark Price section of this report to create an estimation of how much they should pay for electroshock weapons.

Selection Criteria

Buyers should specify what measures of quality they will be using to select a supplier. For example, these measures can be reputation, brand name and depth of the product plan submitted.

Buyers should also choose a supplier based on the price estimate given.

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

Project Schedule

Buyers should include a deadline for proposal submittals and when the contract will be awarded.

Buyers should include a desired shipping date and information about delivery or item pickup.

Buyers should include any other benchmark dates that are relevant to the project.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The upstream supply chain for electroshock weapons is moderately risky. Electroshock weapons manufacturers rely on a variety of upstream inputs, including semiconductors, circuit boards, plastics, inductors and copper. These inputs are often sourced globally; thus, the supply chain for many vendors within the market has been negatively impacted by the... Subscribe to learn more.

HIGH

MEDIUM

LOW