Learn about actual and potential costs
How much should I pay for Fiber Optic Cable?
What is the average price of Fiber Optic Cable?
This procurement report includes pricing information to help you purchase Fiber Optic Cable. 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 Fiber Optic Cable 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 Fiber Optic Cable 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 Fiber Optic Cable?
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 Fiber Optic Cable 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 Fiber Optic Cable?
Market share concentration among suppliers of fiber optic cables is medium, with the top four vendors in the market generating about 40.0% of revenue. There are about 1,800 companies that provide fiber optic cables throughout the United States. The market has become more concentrated in the three years to 2018... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What is the length of the warranty that comes with the initial purchase?
Do you offer the option to extend the initial warranty period? If so, for how long and at what cost?
Do you offer full replacement of a faulty cable? What is the average length of time needed for you to replace the cable once it is received?
Under what conditions is the warranty nullified?
Can high volume orders receive discounted warranties?
What, if any, percentage of your product line is imported from foreign manufacturers?
How has the ratio of foreign to domestic cables in your inventory changed in the past three years? How do you expect it to change in the next three years?
How does the quality of your imported cables match up against domestically produced fiber optic cables?
How will purchasing an imported fiber optic cable affect my total cost of ownership and access to complementary products?
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Key elements for every RFP
What should my Fiber Optic Cable RFP include?
Buyers should explicitly state the amount for the award.
Buyers should explain the schedule with which payments will be made.
For assistance in ascertaining a reasonable price and price range for fiber optic cables, buyers can consult the Benchmark Price section of this report.
Buyers should look for suppliers that have been in business for a long time, because this can be an indicator of quality and great customer service.
Buyers should ask for a list of references from current and former customers.
Buyers should give preference to local suppliers to minimize transportation costs and simplify communication.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should communicate to prospective suppliers when award information results will be provided.
Buyers need to provide due dates for any ongoing maintenance work.
Buyers should provide general expectations with regard to response time and customer service.
Buyers should list the expected start and finish dates once a prospective supplier is chosen.
Evaluate major factors to mitigate risk
How risky is the Fiber Optic Cable supply chain?
The supply chain for fiber optic cables poses moderate risk to buyers, primarily as a result of risky upstream glass suppliers. Fiber optic cable production requires glass of the highest purity. To produce glass at this level, first-tier glass suppliers must possess a high level of technical skill and specialized... Subscribe to learn more.