Learn about actual and potential costs
How much should I pay for Plastic Bottles?
What is the average price of Plastic Bottles?
This procurement report includes pricing information to help you purchase Plastic Bottles. 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 Plastic Bottles 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 Plastic Bottles 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 Plastic Bottles?
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 Plastic Bottles 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 Plastic Bottles?
There is a medium level of market share concentration, with the top four vendors accounting for nearly 40.0% of the market. About 450 manufacturers operate in the market, alongside 250 wholesalers. Medium market share concentration can be attributed to the somewhat regional nature of this market. Although market share concentration... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Do you offer 24/7 customer service support?
What is your process for dealing with customer problems and complaints? Do you have an escalation process?
How have you developed and maintained customer relationships?
What is your return and exchange policy?
What quality awards have you won?
What is the average life-span of this product?
How often do you check for quality? Are inspections based upon production volume or time?
Can you provide any references attesting to the quality of your products?
Supply Chain Risk
How do you minimize production costs? How often do you pass on such costs to your clients?
Have you ever experienced a price spike from one or more of your suppliers? How did you cope with this spike?
How do you manage risk in your supply chain?
Have you experienced an increase or decrease in demand for plastic bottles? How are you planning to accommodate this change in the future?
How often do you evaluate your supply costs to ensure they are competitive?
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Key elements for every RFP
What should my Plastic Bottles RFP include?
Buyers should include a total budget for their plastic bottle order, factoring in shipping costs.
This budget should be broken down by price per each type of bottle and include prices for delivery costs.
For help creating a budget, buyers can reference the Benchmark Price and Buying-Decision Scorecard sections of this report.
Buyers should select a vendor with an on-time submission meeting the proposed quality and budget constraints.
Buyers should select a vendor with a strong record of client satisfaction.
Buyers should select a vendor who is financially stable enough to continue operations throughout the life of the contract.
Buyers should maintain a grading criteria to evaluate vendor submissions. For help creating selection criteria, buyers can reference the Buying-Decision Scorecard section of this report.
Buyers should outline dates in the RFP process, including the last day to submit proposals, inquiries and the bid award date.
Buyers should specify the beginning and end dates of the contract and note how often recurring orders will be made.
Buyers should include the desired warranty length.
Evaluate major factors to mitigate risk
How risky is the Plastic Bottles supply chain?
Supply chain risk in the plastic bottles market is moderate. Much of this risk comes from plastic and resin manufacturers, which have adjusted prices unevenly in response to fluctuating oil prices. Operators in this market face some supply chain risk from upstream plastic suppliers but a high degree of baseline... Subscribe to learn more.