Learn about actual and potential costs
How much should I pay for Metal Rolling Machines?
What is the average price of Metal Rolling Machines?
This procurement report includes pricing information to help you purchase Metal Rolling Machines. 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 Metal Rolling Machines 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 Metal Rolling Machines 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 Metal Rolling Machines?
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 Metal Rolling Machines 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 ?
According to ProcurementIQ estimates, there are 870 suppliers of metal rolling machines in the US market. Market share concentration is considered low, meaning the top four suppliers account for less than 30.0% of total revenue. Although largest suppliers like Mestek Inc., Bradbury Group, Samco Machinery and Delta Steel Technologies generate... 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?
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?
What percentage of your business stems from buyers in my industry?
How are your machines enhanced to suit operators in my industry?
How long have you been a provider of metal rolling machines?
Will my machine have a broad resale market that includes other industries?
What products that I am currently making through other methods could be enhanced by using your rolling machine?
What is the average functional lifetime of your machines?
How much will your machine depreciate during the next 25 years?
What parts of your machine will require rebuilding over the course of its operational lifespan?
What modernization services do you provide for machines that have been in use for decades?
Can you provide on-site refurbishing services?
What changes are being made to your stock machine so it can handle my inputs and produce finished goods?
What quality control tests will you perform to ensure that my machine is ready for use?
How will you provide support for reconfiguring the machine if my needs change?
Will my technicians be able to handle on-the-fly reconfiguration to reduce system downtime?
How will you provide support if my metal inputs change, requiring machine reconfiguration?
Setup & Training
What sort of setup assistance does your company offer?
What training programs, if any, do you offer to optimize my company's use of your machine (e.g. rolling practices, M&R, safety)?
Will your training be customized for my employees and production systems?
With what frequency can you provide refresher training?
What skills do employees possess when they are hired?
What job-specific development programs do you offer employees?
What is the role of my point-of-contact person at your company? How many accounts do they oversee?
How many engineers do you employ?
How many employees comprise your quality control team?
Maintenance & Repair
Do you offer any type of incentives for purchasing longer-term maintenance contracts?
Can your technicians service other products on my production line?
What is your average response time when a customer requires maintenance or repairs?
What type of maintenance does your company offer (e.g. preventive or predictive maintenance)?
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Key elements for every RFP
What should my RFP include?
Buyers should provide detailed product information so vendors can provide their most competitive cost proposal. If buyers have a specific budget in mind, they are free to disclose it here.
Buyers should provide information regarding their budget for additional services such as installation and routine maintenance. If this service is not required, it does not have to be included in the RFP.
Buyers should provide information about when payment will occur. For example, buyers should say whether payment is awarded upon finalization of the contract or over a period of time.
Buyers can refer to the Benchmark Price and Total Cost of Ownership sections for help creating a budget.
Buyers should specify what measures of quality they will be using to select a supplier. For example, these measures can be reputation, credentials of staff, customer service and product certification.
Buyers should also choose a supplier based on the price estimate given.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include a deadline for proposal submissions and when the contract will be awarded.
Buyers should include a time frame for the delivery to occur as well as dates for suppliers to survey the work area.
Buyers should include any other benchmark dates that are relevant to the project.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Supply chain risk for metal rolling machines is medium. Material inputs for metal rolling machine manufacturers mainly consist of processed metals in various states, which are supplied by metal wholesalers and machine shops. Steel prices have been volatile in recent years, and as such, iron and steel manufacturers pose a... Subscribe to learn more.