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Procurement Market Intelligence Report

Garage Doors
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Garage Doors?

What is the average price of Garage Doors?

This procurement report includes pricing information to help you purchase Garage Doors. 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 Garage Doors 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 Garage Doors 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 Garage Doors?

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 Garage Doors 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 ?

Market share concentration in the garage door market is low. The top four suppliers account for less than 30.0% of total market revenue in 2021. In total, there are around 1,000 garage door suppliers, of which an estimated 500 are manufacturers and about 500 are building material suppliers. The top... 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?

Competition

How do you win and retain business?

Do you typically honor competitors' pricing deals or promotions?

Are there any proprietary inputs and processes that you use to differentiate your company from competitors?

What is your reputation like among competitors and customers and how have you developed it?

COVID-19

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

How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?

Amid 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?

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

How have your products and services helped similar buyers operate efficiently during the pandemic?

What new products and services have you introduced to address issues brought on by the coronavirus pandemic?

Supply Chain

From where do you source your metal?

How do you mitigate risk associated with acquiring metal inputs?

Have you ever experienced any supply chain disruptions or shortages in the past? How have you handled these shortages?

If you were my sole supplier, would a price escalation clause be part of the contract?

If the price of steel and other metals were to increase, how would this impact the price of your product?

Experience

How long have you been operating in this market?

Who is your largest client and what aspects of your product do you think they are most satisfied with?

How do you track customer satisfaction?

What is your repeat customer percentage rate?

What is your past experience in working with a company of my size?

Geographic Coverage

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

Can you ship internationally if necessary?

What is your delivery schedule and turnaround rate?

What is your return policy on garage doors damaged during shipment?

What is your on-time delivery rate?

Can you overnight orders?

Value-Added Services

What additional services or features come with a large purchase or contract?

What promotional deals exist for buyers purchasing in bulk?

What kind of repair and installation services do you offer, if any?

Do you offer any additional services beyond those of your competitors?

Warranty

What kind of warranty is offered for your doors?

What are the terms and conditions of the warranty?

Are there any instances or circumstances that will void the warranty that I should be aware of?

What is your procedure for handling defect and loss claims?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the amount for the award.

Buyers should describe the expected pricing model to be used (e.g. time and materials).

Buyers should explain the schedule with which payments will be made.

For assistance in ascertaining a reasonable price and price range for garage doors, buyers can consult the Benchmark Price section of this report.

Selection Criteria

Buyers should look for suppliers that have been in business for a long time and have direct experience providing the kind of garage doors buyers are seeking.

Buyers should ask for a list of references from current and former customers.

Buyers should give preference to local suppliers because it will cut costs related to transportation. Using a local supplier will also simplify communication.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should communicate to prospective suppliers when award information results will be provided.

Buyers need to provide due dates for any ongoing or scheduled projects and maintenance work.

Buyers should provide general expectations with regard to response time and customer service.

Buyers should list the expected start and finish dates once a prospective supplier is chosen.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Garage doors exhibit a medium level of supply chain risk. Suppliers are dependent on a number of upstream metal and wood-producing industries to manufacture and distribute their products, including steel, aluminum and other metal and metal parts manufacturers. Steel is a popular material choice for garage doors due to its... Subscribe to learn more.

HIGH

MEDIUM

LOW