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Procurement Market Intelligence Report

Flame Arrestors
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Flame Arrestors?

What is the average price of Flame Arrestors?

This procurement report includes pricing information to help you purchase Flame Arrestors. 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 Flame Arrestors 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 Flame Arrestors 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 Flame Arrestors?

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 Flame Arrestors 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, the top four vendors of flame arrestors account for between 30.0% and 50.0% of market revenue, indicating moderate market share concentration. Overall, an estimated 250 suppliers are currently active in the United States. Moderate startup costs mean new suppliers enter the market with some difficulty, but not much,... 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?

Company Experience & Health

How long have you been in the business of manufacturing or wholesaling flame arrestors?

Is your firm insured or bonded?

Are you now or have you ever been involved in a merger, acquisition or other divestment? How did this impact your business?

May I evaluate your balance sheet?

Supply Chain

How would an increase in raw material prices (steel and aluminum) affect your business and my experience as a buyer?

How would you deal with cost changes for manufacturing machinery?

Do you have a plan for mitigating supply chain risk due to a price fluctuation?

How do you assure the quality of your primary inputs?

Can you tell me about a time when there was a disruption in your supply chain? What did you do to fix it?

Product Quality

What is the service life of your flame arrestors?

How often are defective products reported?

If a faulty arrestor is delivered, how quickly will I receive a replacement? Would you pay for the shipping cost?

Can you describe your quality control process?

Customer Service

How are customer service inquiries handled?

What is your response time in the event of a product malfunction?

Do you employ a staff of customer service representatives?

Do you have any records of a time when a client's product was defective and you responded promptly?

Delivery

What steps do you take to ensure delivery times are accurate and dependable?

How do you transport your products?

What is your policy on returns?

How does the quantity of my purchase affect the delivery price? Can I save on delivery costs by bundling other goods?

Will you provide compensation if the product is damaged during delivery?

Additional Product Offerings

Are there any other goods and services you supply that pertain to my business?

What advantages are afforded if I choose to bundle flame arrestors with other related products you sell?

Does my price change if I buy from one location versus another?

What advantages are afforded by entering into long-term supply agreements for fire safety products?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should provide their budget for flame arrestors and all related services involved in this procurement process, such as installation.

Buyers should inquire about discounts for particularly large orders.

Buyers should indicate all dates when payment will be made.

Buyers can reference the Benchmark Price or Total Cost of Ownership sections of this report for help creating a budget.

Selection Criteria

Buyers should choose a vendor that has a strong history in this market while also offering a competitive price.

Buyers should choose a vendor that has strong client references.

Buyers should ensure their vendors can reliably produce and deliver flame arrestors on time.

Buyers should state the desired length of their contract.

Buyers can reference the Buying-Decision Scorecard section of this report for more information on selecting a vendor.

Project Schedule

Buyers must state when the project must be completed by.

Buyers should include all relevant benchmark dates in the solicitation process, including if vendors must attend a site walk.

Buyers must specify how often they require maintenance or replacement work on the purchased flame arrestors.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk for flame arrestor suppliers is moderate. Volatile conditions in the upstream industries for both steel and aluminum can cause significant cost fluctuations for manufacturers, potentially leading to fluctuations in the price of flame arrestors. In addition, tariffs imposed on steel and aluminum inputs from China further contribute... Subscribe to learn more.

HIGH

MEDIUM

LOW