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Procurement Market Intelligence Report

Fire Blankets
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Fire Blankets?

What is the average price of Fire Blankets?

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

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 Fire Blankets 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 Fire Blankets?

The fire blanket market has a low level of market share concentration, with no single supplier controlling more than 5.0% of market revenue. Market share concentration has been generally stable over the past three years, and will continue to be stable in the three years to 2021. Merger and acquisition... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Transportation Infrastructure

How many of your facilities distribute products?

Which of your locations will be supplying my company? Do you offer discounts for shorter transit distances?

How do you minimize transportation risks and costs?

How often do you check for transportation efficiency? How often is this updated?

Cost Control

How will you adjust to fluctuating textile prices?

How do you minimize labor costs? What about administrative costs?

Do you source from multiple suppliers or a single supplier? How does this reduce your costs?

What methods do you use to check for operational efficiency and how often?

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Key elements for every RFP

What should my Fire Blankets RFP include?

Project Budget

Buyers should submit a maximum budget for their order for fire blankets.

Buyers should break down the contract value by price per blanket to easily compare proposals.

Buyers should include delivery fees and any other total ownership costs that may be incurred. For help creating a total budget, buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report.

Selection Criteria

Buyers should select a vendor that meets the minimum proposed specifications while staying under the prospective budget.

Buyers should select a vendor with a strong financial performance history to ensure they will remain operating throughout the duration of the contract.

Buyers should select a vendor that offers strong customer service.

Buyers should include a list of factors they will use to evaluate vendor submissions. For help creating a selection criteria, buyers can reference the Buying-Decision Scorecard sections of this report.

Project Schedule

Buyers should include a schedule of relevant dates in the RFP process, including deadlines for proposal submissions and inquiries.

Buyers should specify when final bid awards will be announced.

If making recurring purchases, buyers should specify the frequency of these purchases.

Evaluate major factors to mitigate risk

How risky is the Fire Blankets supply chain?

Supply chain risks are moderate for the fire blanket market, which slightly curbs buyer power. Although these risks are unlikely to affect the supply of the blankets' main components or raw materials, they could impact the price the buyer will ultimately pay. Fortunately, due to high competition in the market,... Subscribe to learn more.

HIGH

MEDIUM

LOW