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Procurement Market Intelligence Report

Igniters
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Igniters?

What is the average price of Igniters?

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

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 Igniters 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 for igniters is high, with the top four suppliers accounting for almost 55.0% of the market. There are close to 2,000 suppliers in the United States, most of them distributors that sell related products in addition to igniters. Market share concentration has been increasing in the past... 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 Reliability

Do your products behave exactly according to the specifications you outline in your catalog?

How often do you get reports of faulty products?

Have your services ever resulted in hardships for clients?

What policies do you have regarding faulty products sold to clients?

Safety

What processes do you use to test manufactured batches of igniters for sensitivity and meeting specifications?

How often do you complete these tests?

What accidents have some of your previous buyers faced during transport or use of igniters?

What level of experience do you recommend for someone operating a blaster using a combination of this igniter and this explosive?

What shortcomings do each of your types of detonators have?

Related Goods

Do you offer discounts if I bundle related products with igniters in my purchase?

How often do your clients purchase additional products and services aside from igniters and other explosive materials?

What products do clients usually purchase together and why?

What is your level of expertise with your other products? Have you won any industry awards for these products?

Supply Chain

How many regularly supplied clients do you currently have and can you keep up with their demand?

When and if you experience delays in supplying clients, what are the usual reasons?

What is the likelihood of you stopping production and being unable to supply clients? Has this ever happened?

How did you prioritize the allocation of your diminished production and stock?

Do you have an integrated supply chain or do you rely on many vendors? How often does their supply not meet your production needs?

Shipping

How do you determine which areas you can supply or not? Is it possible to pick up explosives from your location?

How do you track and guarantee the safety of your shipments?

If you have had issues with timely deliveries recently, what were the reasons?

What shipping routes and vehicles do you use?

Financial

How do you anticipate dealing with rising input costs in the next three years?

What long-term agreements or long-term relationships do you have with your upstream suppliers?

What part of your revenue do igniters represent and have you been proportionally increasing or decreasing production compared to your other products?

How does your company maintain its competitive edge in the market? How do you win over customers from your competitors?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should state the total budget for the purchase of igniters.

Buyers should state their cost expectations, breaking down the total purchase by product.

Buyers should state their expectations regarding additional costs, such as any shipping and handling costs that may occur.

Selection Criteria

Buyers should consider the price of the igniters, comparing the price with other vendors that can provide the same product offering.

Buyers should consider the vendor's ability to provide a product that best matches the buyer's needs.

Buyers should favor vendors that have an adequate inventory of the products being requested or will be able to fill the order by the time requested.

Project Schedule

Buyers should provide a list of key dates that pertain to the RFP process, such as the final dates to ask questions and submit bids.

Buyers should provide a list of key milestones that will occur throughout the contract period, such as the date of the first shipment.

If an ongoing supply contract is being provided, buyers should state the frequency of shipments.

Evaluate major factors to mitigate risk

How risky is the supply chain?

There is a medium level of risk in the supply chain. Major upstream suppliers include chemical manufacturers, chemical equipment manufacturers and nonferrous metal manufacturers. Chemical equipment manufacturers typically pose little threat to the supply chain because igniter suppliers generally do not purchase these materials frequently, except when expanding their operations... Subscribe to learn more.

HIGH

MEDIUM

LOW