Skip to the content

Procurement Market Intelligence Report

Floor Polishers
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Floor Polishers?

What is the average price of Floor Polishers?

This procurement report includes pricing information to help you purchase Floor Polishers. 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 Floor Polishers 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 Floor Polishers 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 Floor Polishers?

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 Floor Polishers 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 2021, ProcurementIQ estimates that there are about 1,170 firms supplying floor polishers, the vast majority of which are janitorial supply wholesalers. Collectively, the top four suppliers account for less than 15.0% of market revenue, indicating a low level of market share concentration. In the three years to 2021, market... 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?

Product Quality

How many reports of floor polisher malfunctions has your company received in the past three years? How do you handle the discovery of faulty floor polishers?

How many of your products have been recalled in the past three years? What were the primary reasons for these recalls?

What measures do you take to ensure product quality?

How do sudden demand increases affect the quality of your products?

How frequently are your facilities updated and how does your company incorporate new technologies?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

Related Goods & Services

Are there any accessories and related products offered at no additional cost with the purchase of floor polishers?

Do you offer any discounts for purchasing related goods or accessories at the time of the floor polisher purchase? Do you offer any discounts on future purchases of related goods?

Do you offer any related services to help ensure successful use of your projects at no additional cost or at a reduced price?

Can you meet my other janitorial and industrial supply needs?

Amidst widespread health concerns, 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?

Product Availability

How large is your current inventory of floor polishers? How low do you allow your inventory to get before it is replenished?

How do you forecast future demand for your products and how do you adjust your inventory to prepare for anticipated demand fluctuations?

Have you formed any strategic partnerships that afford you additional supply if order volumes exceed your inventory volume?

How quickly can you get additional floor polishers if your inventory does not meet your order volume?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased/reduced demand?

Warranties

How long of a product warranty do you offer at no additional cost with the initial purchase?

Do you offer the ability to extend the initial warranty period? If so, for how long and at what cost?

Do you offer full replacement of a faulty unit or just repair? What is the average length of time needed for you to replace or repair the tablet once it is received?

Under what conditions is the warranty nullified?

Can the cost of the warranty be discounted in exchange for larger purchase orders?

Import Penetration

What percentage of your product line is imported from foreign manufacturers?

How has the ratio of foreign to domestic polishers in your inventory changed in the past three years and how do you expect it to change over the next three years?

How does the quality of your imported models match up against domestically produced floor polishers?

How will purchasing an imported floor polisher affect my total cost of ownership and access to complementary products?

Accurate Order Fulfillment

What measures do you take to ensure accurate order fulfillment?

What do you do in the event that an order is mishandled? How quickly can you remedy the situation?

Do you take any measures to compensate for the additional downtime that inaccurate order fulfillment imposes on your clients?

How consolidated is your internal ordering department? How many people and steps are involved from receiving the order to shipping?

“Sending out RFPs used to be a nightmare”

Let’s chat about how procurement market intelligence can reduce 
the time you spend issuing RFPs.

Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should request per-unit prices for all items that the supplier can provide.

Buyers should include a maximum amount allocated for the award.

Selection Criteria

Suppliers will be evaluated on their ability to offer competitive prices.

Suppliers will be evaluated on their past performance with similar clients.

Suppliers will be evaluated based on the durability of their equipment.

For more selection criteria information, buyers are advised to review the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include the date that the RFP was issued.

Buyers should include the date that proposals are due.

Buyers should inform suppliers of when the award announcement will be made.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The floor polishers market has been subject to a moderate level of supply chain risk during the past three years. Floor polishers are largely comprised of various steel and plastic products, as well as electrical components. Floor polisher manufacturers encounter little risk that these products will become unavailable because the... Subscribe to learn more.

HIGH

MEDIUM

LOW