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Procurement Market Intelligence Report

Gas Pressure Regulators
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Gas Pressure Regulators?

What is the average price of Gas Pressure Regulators?

This procurement report includes pricing information to help you purchase Gas Pressure Regulators. 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 Gas Pressure Regulators 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 Gas Pressure Regulators 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 Gas Pressure Regulators?

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 Gas Pressure Regulators 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 ?

The gas pressure regulators market has a low level of market share concentration. There are an estimated 1,830 suppliers operating in the United States, with the top four suppliers accounting for less than 30.0% of total market revenue. Gas pressure regulators are used throughout many different industries and applications. As... 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?

Experience & Expertise

How long have you served operators in my industry?

What are some similar clients you have serviced, along with dates and service periods?

Could you provide a list of client references, along with contact information?

Could you provide key personnel backgrounds and experience?

Product Lines

Do you offer any complimentary products or services with the purchase of this equipment?

What additional products or services do you offer separate from the purchase of this equipment?

Other than your referral, are there any other incentives for me to use your preferred installer?

What discounts do you offer for specific types or brands?

Quality Control

How often do you experience defects with your products?

How many recalls have you had?

What technical issues have you experienced with this product?

What is the typical inspection process that your product undergoes?

Service & Maintenance

Do you offer maintenance and repair services?

How quickly can your technicians be on site if technical support or repair is required?

What is the anticipated useful life of your product?

Are there any instances or circumstances that would significantly reduce the useful life of this product?

Do you have a buyback program?

Supply Chain Risk

How do you manage risk in your supply chain?

Who are your most important suppliers, and how long have you been with them?

Have you ever experienced a price spike from one or more of your suppliers? To what extent have these cost increases impacted your pricing?

How often do you evaluate your supply chain's prices to ensure they are still competitive? How do you go about doing this?

Do you source materials with high exposure to market disruptions resulting from the pandemic? 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?

Vendor Financial Risk

Has your company ever been at risk of bankruptcy?

What is your company's sales history for the past five years?

How much of your revenue comes from your five largest customers?

How are your other divisions or ventures performing, and what impact does their performance have on this division?

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

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should suggest terms of payment and preferred contract length.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report to get a better understanding of how much they should pay for gas pressure regulators.

Selection Criteria

Buyers should evaluate the experience of a supplier, taking into account any specialty or niche regulator applications.

Buyers should consider the accuracy of the gas pressure regulators.

Buyers should assess the expected durability and lifespan of the gas pressure regulators.

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

Project Schedule

Buyers need to include the date when proposals are due and when award information will be available.

Buyers should provide the RFP schedule and expected timeline for product delivery and installation.

Buyers should include any other benchmark dates relevant to the project that suppliers will need to be aware of.

Evaluate major factors to mitigate risk

How risky is the supply chain?

There is a medium level of supply chain risk in the gas pressure regulators market, the majority of which stems from vendors' reliance on plastic materials and metals, such as steel. Moderate supply chain risk detracts from buyer power by increasing the risk that buyers will face price spikes and... Subscribe to learn more.

HIGH

MEDIUM

LOW