Learn about actual and potential costs
How much should I pay for LCD Panels & Monitors?
What is the average price of LCD Panels & Monitors?
This procurement report includes pricing information to help you purchase LCD Panels & Monitors. 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 LCD Panels & Monitors 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 LCD Panels & Monitors 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 LCD Panels & Monitors?
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 LCD Panels & Monitors 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 LCD Panels & Monitors?
The LCD panels and monitors market is highly concentrated, with the top four vendors accounting for over 50.0% of total market revenue. The largest manufacturers have substantial market shares, despite operating in a market with about 50,000 vendors in all. Large manufacturers are able to sustain such large market shares... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How often do you experience defects with your products?
How many recalls have you had? Were they voluntary or mandated?
What problems created the need for recalls? How have you handled these recalls?
How do you ensure your LCD displays' quality? What performance-monitoring systems are in place at your company?
How long will your LCD displays last with proper care?
What do your warranties cover?
How long does the warranty last?
Can I purchase an extended warranty?
How are warranty repairs or replacements handled?
What are your shipping rates to my facilities? Do shipping rates vary if I need products shipped to more than one location?
Could you provide a list of your distribution facility locations, domestically and internationally?
What shipping supplier do you primarily use? Do you have alternate preferred suppliers?
How do you ensure timely and accurate shipping?
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Key elements for every RFP
What should my LCD Panels & Monitors RFP include?
Buyers should specify the total budget for the LCD panel(s) they wish to purchase.
Buyers should include details about per-unit spending expectations and limitations.
Buyers should request detailed information about shipping and handling costs.
Buyers should look for providers that can offer LCD panels that meet the specifications outlined in the RFP.
Buyers should give preference to providers that can meet the budget requirements in the RFP.
Buyers should prioritize vendors that are located nearby to reduce shipping costs and times.
Buyers should look for providers that offer high-quality LCD panels.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers need to include the date when proposals are due.
Buyers should indicate the date by which the LCD panels need to be delivered.
Buyers should indicate how they want the LCD panels packaged and shipped.
Evaluate major factors to mitigate risk
How risky is the LCD Panels & Monitors supply chain?
Supply chain risk in this market is low. The primary component in LCD panels, semiconductors, are not only the basis for the panel’s operating system, but also provide the basic building block for the pixels on the display. An input of such critical importance typically makes supply chains fragile, but... Subscribe to learn more.