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Procurement Market Intelligence Report

Flexible Intermediate Bulk Containers
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Flexible Intermediate Bulk Containers?

What is the average price of Flexible Intermediate Bulk Containers?

This procurement report includes pricing information to help you purchase Flexible Intermediate Bulk Containers. 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 Flexible Intermediate Bulk Containers 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 Flexible Intermediate Bulk Containers 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 Flexible Intermediate Bulk Containers?

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 Flexible Intermediate Bulk Containers 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 Flexible Intermediate Bulk Containers?

Market share concentration among FIBC suppliers is low, with the top four vendors generating less than 30.0% of market revenue. There are an estimated 560 companies that sell FIBCs operating in the United States. The number of vendors in the FIBC market has been increasing in recent years. The... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Supply Chain

Do you vertically integrate your production processes?

From where do you source your primary inputs?

How strong and stable is your supply network? Do you source from one or several suppliers?

How do you control sudden spikes in input prices?

Have you ever experienced any supply chain disruptions or shortages in the past? If so, how have you handled these shortages?

Geographic Coverage

How many branches do you have across the United States? Globally?

Can you ship products internationally if needed?

What is your delivery schedule, and how fast can you fulfill orders?

What is your rate of on-time deliveries?

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Key elements for every RFP

What should my Flexible Intermediate Bulk Containers RFP include?

Project Budget

Buyers should disclose the total value of the contract for the FIBCs they wish to purchase.

Buyers should include their preferences for the method and frequency of payments.

Buyers can refer to the Benchmark Price section of this report to determine whether they are paying competitive prices for their FIBCs.

Selection Criteria

Buyers should evaluate vendors based on their production capabilities.

Buyers should give preference to vendors that can offer durable FIBCs.

Buyers should consider providers' customer service offerings when evaluating contracts.

Buyers should refer to the Buying-Decision Scorecard section of this report for additional criteria to consider when evaluating vendors.

Project Schedule

Buyers should indicate the date by which proposals must be submitted.

Buyers should state when vendors will be notified about contract awards.

Buyers should describe how long they wish the contract to be.

Buyers should include any other critical dates, such as the delivery schedule for their FIBCs.

Evaluate major factors to mitigate risk

How risky is the Flexible Intermediate Bulk Containers supply chain?

Supply chain risk in the FIBC market has been moderate on average in the three years to 2018. This level of supply chain risk reduces buyer power because suppliers face a higher likelihood that supply chain disruptions will increase their production costs or prevent them from manufacturing their products. As... Subscribe to learn more.

HIGH

MEDIUM

LOW