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Procurement Market Intelligence Report

Engine Rebuilding & Remanufacturing Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Engine Rebuilding & Remanufacturing Services?

What is the average price of Engine Rebuilding & Remanufacturing Services?

This procurement report includes pricing information to help you purchase Engine Rebuilding & Remanufacturing Services. 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 Engine Rebuilding & Remanufacturing Services 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 Engine Rebuilding & Remanufacturing Services 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 Engine Rebuilding & Remanufacturing Services?

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 Engine Rebuilding & Remanufacturing Services 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 Engine Rebuilding & Remanufacturing Services?

The engine rebuilding and remanufacturing services market has a low level of market share concentration, indicating the top four vendors account for less than 20.0% of total market revenue in 2018. Engine rebuilding and remanufacturing is a highly labor-intensive process, with each engine requiring individual attention from a highly trained... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Specialization

How many different processes are you capable of performing?

Do you own machines that are designed to deal with the specific damage found in my engine?

Do you provide replacement or upgrade parts for my engine?

How many engines like mine have you rebuilt in the past three years?

Performance

How precise are your machines? What tolerances can you achieve?

What types of quality control procedures do you have in place?

How will my rebuilt engine perform when compared to a new engine?

Can you increase my engine's performance using special machining and upgraded parts?

Timeliness

What is your current backlog of orders? How will this affect my engine rebuild?

What is your average turnover time for my type of job?

Do you have all required parts and materials in stock?

How have you improved your turnover time in the past three years?

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Key elements for every RFP

What should my Engine Rebuilding & Remanufacturing Services RFP include?

Project Budget

Buyers should disclose their total budget for engine rebuilding and remanufacturing services.

Buyers should indicate their preferred payment method and timeline.

Selection Criteria

Buyers should evaluate the experience and qualifications of prospective vendors.

Buyers should give preference to vendors capable of offering competitive service prices.

Buyers should assess potential vendors on the estimated time it will take them to complete the scope of the project.

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

Project Schedule

Buyers should specify the final date by which bid proposals will be accepted for consideration.

Buyers should state their expectations for the completion of service once the RFP has been awarded.

Evaluate major factors to mitigate risk

How risky is the Engine Rebuilding & Remanufacturing Services supply chain?

There is a moderate level of supply chain risk in the engine rebuilding and remanufacturing services market. The market is highly fragmented, helping to reduce risk by curbing the dependence on any single supply chain operator and providing buyers with an array of options when purchasing services. Of upstream suppliers,... Subscribe to learn more.

HIGH

MEDIUM

LOW