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Procurement Market Intelligence Report

Oil Filters
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Oil Filters?

What is the average price of Oil Filters?

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

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 Oil Filters 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 market for oil filters is highly concentrated at the manufacturing level, with only about 40 manufacturers and an estimated 59,000 distributors and auto parts stores offering filters in the United States. This market is highly concentrated at the manufacturing level for three primary reasons. First, brand loyalty is high... 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?

Experience

How long have you been selling oil filters? How long have you catered to clients in my business?

Can you provide a list of references with contact information?

Will you provide assistance in purchasing the right filter? Do you also provide after-sales service and support?

How long has your current management staff been in place? How much experience do your most-tenured employees have?

Amid widespread health concerns, 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?

Quality Control

What grade and thickness of steel do you use in your filters?

What types of filter materials do you use?

What is the beta rating of your filters?

How often are defects detected?

Do you have quality control machines or personnel?

Raw Material Sourcing

Who is your main steel provider and where are they located? What other steel providers do you use regularly?

Have you experienced a price increase from your suppliers in the past three years?

How do you maintain flexibility in your cost structure to account for input cost changes?

Do you have any agreements with your suppliers designed to control costs for a specified period?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?

Inventory Control

Who is in charge of your inventory and ordering? How long have they been working with you?

Do you use electronic inventory tracking systems?

Do you partner with any local warehouses to boost available inventory?

How much inventory do you currently have on hand?

Are you experiencing fluctuations in demand as a result of the coronavirus pandemic? What measures are you taking to handle changes demand?

Delivery Timeliness

What are your shipping times to my place of business? What are your shipping rates?

Who is your shipping supplier and have you had any issues with them in the past?

Do you allow clients to pick up their shipments or use their own shipping supplier?

Do you have any partner companies or distribution facilities located nearby?

Order Accuracy

What systems do you have in place to ensure accurate orders?

Do you use electronic order tracking?

How efficient is your communication with major manufacturers? Describe your process for ordering filters.

If an order is incorrect or arrives damaged, how do you remedy the situation? How long does it usually take to fix an incorrect order?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the amount of the contract award.

Buyers should explain when and how many payments will be made.

Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for oil filters.

Selection Criteria

Buyers should evaluate vendors according to filter quality.

Buyers should assess the level of customer services vendors will likely provide.

Buyers should take into account the level of experience of vendors with regard to producing oil filters.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should outline the tentative schedule and process for the RFP and project.

Buyers need to include the date proposals are due and when the award will be announced

Buyers should dictate the payment schedule and delivery dates for products.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain for oil filters exhibits a moderate level of risk. There are two primary inputs used in oil filter production: steel, which is used to make the outer case, and cellulose or synthetic fiber, which is used as the filter material. These materials are commodities that are highly... Subscribe to learn more.

HIGH

MEDIUM

LOW