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Procurement Market Intelligence Report

First Aid Kits
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for First Aid Kits?

What is the average price of First Aid Kits?

This procurement report includes pricing information to help you purchase First Aid Kits. 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 First Aid Kits 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 First Aid Kits 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 First Aid Kits?

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 First Aid Kits 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 First Aid Kits?

The first aid kit market has low market share concentration, with the top four players accounting for less than 30.0% of total market revenue. ProcurementIQ estimates there are about 11,400 suppliers of first aid kits in the United States, ranging from large-cap diversified manufacturers to wholesalers and distributors that operate... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Cost Containment

How have fluctuations in input prices been affecting the prices of your product during the past three years? How do you mitigate sudden price increases in raw materials?

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

Have you experienced any supply disruptions resulting from raw material shortages? How did you manage the situation?

How do you check for operational efficiency? How often is this performed?

Globalization

Has import penetration adversely affected your operations? If so, how?

What incentive would I have in choosing your product over an imported product? What sets your product line apart from your foreign competitors?

How has the fluctuating value of the US dollar affected your foreign customers?

Can you provide a quality assessment of your first aid kits that have been manufactured overseas? How do you ensure high quality medical products?

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Key elements for every RFP

What should my First Aid Kits RFP include?

Project Budget

If one exists, buyers should specify their budget for the desired first aid kits and related products and services.

Buyers should request detailed information about shipping and handling fees.

Buyers can reference the benchmark price and total cost of ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers will evaluate potential suppliers based on their ability to fulfill product requirements described in the RFP.

Buyers will evaluate potential suppliers based on their ability to provide a superior level of customer service as evidenced by references.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should outline the timeframe for the RFP.

Buyers need to include the date when proposals are due and when the award will be announced.

Buyers should outline the terms of the contract and cancellation policy.

Evaluate major factors to mitigate risk

How risky is the First Aid Kits supply chain?

Supply chain risk for first aid kits is low overall, which benefits buyers by reducing the risk of potential price spikes. Supply chain risk is primarily associated with upstream suppliers of key inputs, such as plastic materials, textiles and paper. Other key upstream suppliers include medical supply wholesalers and printing... Subscribe to learn more.

HIGH

MEDIUM

LOW