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Procurement Market Intelligence Report

Handguns
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Handguns?

What is the average price of Handguns?

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

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 Handguns 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 ?

About 56,826 suppliers operate in the handguns market, including small and large manufacturers as well as retailers and distributors. The top four market providers are Smith & Wesson (a subsidiary of American Outdoor Brands Corporation), Sturm, Ruger & Co., Glock and Sig Sauer. Together, these top vendors generate less than... 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?

Company Health

How long have you operated in the handguns market?

Is your firm insured or bonded?

Are you now or have ever been involved in a merger, acquisition or other divestment? How does this impact your business?

From what type of buyers do you generate the majority of your revenue?

Regulatory Compliance

How have you dealt with regulatory changes in the past?

Do you take any steps to inform your clients of a pending regulatory change?

Have regulatory changes affected the prices of your products in the past three years?

Do you have a plan ensuring that your products comply with any new regulatory changes?

Supply Chain

How do increases in raw material prices (e.g. steel and aluminum) affect your business and the prices of your products?

How do you handle changes in the price of manufacturing equipment?

Prices for some of your inputs have been volatile in the past. Do you have a plan for mitigating supply chain risk due to price fluctuations?

How do you ensure the quality of your primary inputs?

Can you tell me about a time when there was a disruption in your supply chain? What did you do to address it?

Do you source materials with a 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?

Customer Satisfaction

Do you have any long-term clients that can serve as professional references? Can you describe their relationship with your company?

What is the average length of a customer relationship with your company?

How do I get in touch with your company if there are issues with the contract?

How do clients typically review your performance?

Amid widespread health concerns, what contingency plans are in place to mitigate the risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

Additional Product Offerings

Are there any other goods and services you provide that are appropriate for my business?

What advantages are there if I choose to bundle handguns with the other related products you sell?

Does my price change if I buy from one location versus another?

If I choose to bundle goods, how will my shipping options change?

Delivery

What steps do you take to ensure that delivery times are accurate and dependable?

How do you transport products? What security precautions do you take during shipping?

What is your policy on returns?

How does the quantity of my purchase affect the delivery price? Can I save on delivery costs by bundling handgun purchases with other goods?

What happens if the product is damaged during delivery?

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 indicate the total value of the contract for handguns, if available.

Buyers should specify their expectations regarding price adjustments during the term of the contract.

Buyers should include their preferences for payment, such as method or frequency.

Buyers should reference the Benchmark Price section of this report to confirm that they are paying competitive prices for handguns.

Selection Criteria

Buyers should evaluate providers based on their experience and qualifications.

Buyers should consider the performance of vendors during the evaluation process.

Buyers should evaluate the quality of the handguns vendors are offering.

For a detailed discussion of selection criteria, buyers should refer to the Buying-Decision Scorecard section of this report.

Project Schedule

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

Buyers should state when contract awards will be announced.

Buyers should specify the date by which the handguns must be delivered.

Buyers should include any preferences regarding contract length.

Evaluate major factors to mitigate risk

How risky is the supply chain?

There is a moderate level of supply chain risk in the handguns market. This level of risk reduces buyer power because it means that providers are more likely to experience disruptions or heightened input costs that increase their operating expenses, making them more hesitant to negotiate on prices. Despite disruptions... Subscribe to learn more.

HIGH

MEDIUM

LOW