Learn about actual and potential costs
How much should I pay for Network Attached Storage Devices?
What is the average price of Network Attached Storage Devices?
This procurement report includes pricing information to help you purchase Network Attached Storage Devices. 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 Network Attached Storage Devices 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 Network Attached Storage Devices 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 Network Attached Storage Devices?
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 Network Attached Storage Devices 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 of NAS devices is moderate, with the top four vendors accounting for about 40.0% of total market share. There are only an estimated 30 NAS device manufacturers in the market, such as Dell, WD, QNAP and Synology. The limited number of manufacturers narrows buyer's options of NAS... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Vendor Financial Risk
Has your company ever been at risk of bankruptcy?
How much of your revenue comes from your five largest customers? What would be the impact on your profitability if you lost one of your largest customers?
Have you had to increase your marketing expenditures to contend with increased competition? What has that done to your profitability?
How have trends in input costs affected your profitability?
Do you offer any complementary products or services with the purchase of NAS devices? If so, what are they?
What additional products or services do you offer separate from the purchase of this equipment?
What type of discounts do you offer for specific devices or brands?
Are there any incentives for repeat customers?
What promotional deals exist for bulk buyers?
What is the typical inspection process that your product undergoes?
What performance-monitoring systems are in place at your company?
Do you have quality control benchmarks that you report to clients? How do you measure quality?
How often do you experience defects with your products?
To what degree are in-process inspections and process controls carried out?
Do you have a vulnerability disclosure or bug bounty program to ensure the security of your products?
Vendor Cost Structure
During the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?
During the past three years, what percentage of your revenue has been dedicated to labor? Do labor costs fluctuate seasonally?
What percentage of your revenue in the past three years was dedicated to research and development? How has that changed? Why?
How have fluctuations in input prices affected the prices of your NAS devices in the past three years?
“Sending out RFPs used to be a nightmare”
Let’s chat about how procurement market intelligence can reduce
the time you spend issuing RFPs.
Key elements for every RFP
What should my RFP include?
Buyers should specify their total budget for the project.
Buyers should include details about their desired method of payment, such as whether to pay in full or require financing.
Buyers should request detailed information about shipping costs.
Buyers should evaluate potential vendors based on their ability to meet the functional requirements described in the RFP.
Buyers should evaluate potential vendors based on reviews from past customers.
Buyers should evaluate potential vendors based on their ability to provide a superior level of customer service.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date when proposals are due and when award information will be available.
Buyers should state the date delivery is expected.
Buyers should include any benchmark dates relevant to the project that suppliers need to be aware of.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for NAS devices has a medium level of risk, which harms buyer power because providers that face supply chain disruptions are often less willing to negotiate on prices. The key inputs of NAS devices include semiconductors and electronic components, steel and aluminum. Semiconductors and electronic components are... Subscribe to learn more.