Learn about actual and potential costs
How much should I pay for Forestry & Logging Equipment?
What is the average price of Forestry & Logging Equipment?
This procurement report includes pricing information to help you purchase Forestry & Logging Equipment. 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 Forestry & Logging Equipment 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 Forestry & Logging Equipment 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 Forestry & Logging Equipment?
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 Forestry & Logging Equipment 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 ?
There are an estimated 320 vendors of forestry and logging equipment in the market, including equipment manufacturers, wholesalers and third-party parts manufacturers. The majority of vendors are independently operated wholesale dealers that supply equipment on a local or regional basis and account for less than 1.0% of market share. By... 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?
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?
Do you offer on-site servicing and repairs?
Are training services included in your quoted price?
What kind of phone support do you offer? Is it available around the clock?
What is your return policy if the equipment does not meet my expectations?
Do you have a buyback program?
What differentiates your equipment from your competitors'?
What have you done to improve your component reliability in the past few years?
What quality awards have you won?
What have you done to ensure that you are meeting or exceeding emission standards?
What is the average fuel efficiency for your forestry fleet?
Will your parts or attachments increase my fuel costs?
What special financing terms or rates are you currently promoting?
What is the required down payment?
How frequently will I be required to make payments? Are there customizable payment plans?
What is the total cost of financing?
How versatile is this particular model? Can I expect it to perform well in my intended usage?
How does equipment A compare with equipment B?
What is the average life span of your forestry equipment?
What attachments can I add to this particular model?
What is the engine output, tractive effort and boom reach for this particular model?
Are you able to meet the customization needs of your clients?
What manufacturer or brand do you have the most experience working with? How do you benefit from the partnership?
What is the benefit of working with you compared to another supplier?
What products do you sell besides forestry equipment?
If I am located in a different region, do you anticipate any difficulties in delivering the equipment?
How long does it take you to order a product that is not in stock?
Do you allow onsite visits for potential buyers? Can I receive a demonstration?
What is the typical delivery time for your equipment?
Do you add a fuel surcharge to the delivery?
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Key elements for every RFP
What should my RFP include?
Buyers should specify the desired payment terms, including the preferred interest rate, if applicable.
Buyers should specify the total budget.
Buyers should request detailed information about shipping costs.
Buyers can consult the Benchmark Price section of this report to determine how much they should pay for the equipment.
Buyers should prioritize suppliers that are located nearby to reduce lead times and shipping costs.
Buyers should ask for a list of references from current and former clients.
Buyers should ensure that the provider's equipment meets their specifications.
Buyers should give preference to vendors that can meet the budget requirements in the RFP.
Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.
Buyers should specify the date when proposals are due and when the award will be announced.
Buyers should indicate the date by which the equipment must be delivered.
Buyers should include any other benchmark dates that are relevant to the purchase.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain risk for forestry and logging equipment is moderate. Key first tier suppliers include metal service centers and other metal wholesalers, engine manufacturers and electrical apparatus and equipment wholesalers. Many of these upstream suppliers work with steel and other commodities and are exposed to the moderate to high... Subscribe to learn more.