Learn about actual and potential costs
How much should I pay for IT Asset Recovery Services?
What is the average price of IT Asset Recovery Services?
This procurement report includes pricing information to help you purchase IT Asset Recovery Services. 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 IT Asset Recovery Services 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 IT Asset Recovery Services 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 IT Asset Recovery Services?
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 IT Asset Recovery Services 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 four largest IT asset recovery vendors account for less than 30.0% of total market revenue in 2021, indicating a low level of market share concentration. During the past three years, the number of enterprises has been increasing as the rising need for technological innovation and infrastructure has led to... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What percentage of projects is delivered within budget and on time? How do you develop appropriate cost and time management systems?
Are your clients satisfied with their current contracts or past experiences? Do you provide references or case studies?
Does a buyer’s industry impact the type of results they should expect?
If the recovery services do not provide satisfactory returns for a buyer, what measures are taken to address the problem?
What are the various stages of your hiring process? What specialized skills do you require in your employees?
How do you recruit and retain high-quality staff? How do you keep your wages under control?
Do you provide ongoing training or development for your employees? Are your technicians certified?
What is the average tenure of your employees? Do you have trouble with turnover?
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?
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Key elements for every RFP
What should my RFP include?
Buyers should state what pricing model they prefer suppliers provide their quotes in and what the stated price includes.
Buyers should include their preferred payment schedule.
When appropriate, buyers should state how or whether they prefer that the supplier factor in exchange rate fluctuations or variations in consumer prices into ongoing prices.
For guidelines on reasonable prices and price ranges for IT asset recovery services, buyers can consult the Benchmark Price section of this report.
Suppliers that can most closely meet the needs and requirements of the buyer will be prioritized.
Buyers should evaluate suppliers based on their ability to offer competitive pricing.
Buyers should also evaluate suppliers according to additional services the supplier can offer beyond the scope of what the buyer desires.
Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.
Buyers should communicate to suppliers when the RFP is due and when award information results will be provided.
Buyers must inform suppliers of the date when they must submit questions or requests for clarifications to the buyer.
Buyers should define the length of the contract and disclose their preferred options for extensions.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The IT asset recovery services supply chain is subject to a moderate level of risk. Because vendors in this market are service providers, they are not heavily dependent on purchased inputs, and the risk of any price shocks or delivery disruptions is minimal. During the early days of the coronavirus... Subscribe to learn more.