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Procurement Market Intelligence Report

Safety Apparel
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Safety Apparel?

What is the average price of Safety Apparel?

This procurement report includes pricing information to help you purchase Safety Apparel. 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 Safety Apparel 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 Safety Apparel 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 Safety Apparel?

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 Safety Apparel 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 Safety Apparel?

In 2019, there are roughly 1,234 companies manufacturing and distributing safety apparel in the United States. Of these firms, the top four operators account for about 35.0% of revenue, indicating a medium level of market concentration. Medium market concentration is a reflection of the cost advantages that major manufacturers and... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Delivery

What steps do you take to ensure delivery times are accurate and dependable?

How do you transport the product?

What is your policy on returns?

How does the quantity of my purchase affect delivery price? Can I save on delivery costs by bundling other goods?

What if the product is damaged during delivery?

Company Experience

How long have you been in the business of manufacturing, wholesaling or retailing safety apparel?

Is your firm insured or bonded?

Are you now or have ever been involved in a merger, acquisition or other divestment? How did or will this impact your business?

May I evaluate your balance sheet?

What is your business's credit score?

Additional Product Offerings

Are there any other goods and services you supply that pertain to my business?

What advantages do I have if I choose to bundle safety apparel with other related products you sell?

Does my price change if I buy from one location versus another?

If I choose to bundle goods, how will my shipping options change?

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Key elements for every RFP

What should my Safety Apparel RFP include?

Project Budget

Buyers should provide a maximum budget for all apparel items including delivery and any other applicable total ownership costs.

Buyers should break down their budget by the maximum cost per item.

For help creating a budget, buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report.

Selection Criteria

Buyers should select a vendor with a timely proposal submission while meeting all outlined quality and budget requirements.

Buyers should select a financially stable vendor who can reliably deliver safety equipment throughout the duration of the contract.

Buyers should have clear selection criteria outlining their prioritized quality and pricing factors. For help with selection criteria, buyers can reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should specify all key dates in the RFP process and include when final bid awards will be announced.

Buyers should also specify when all goods will be delivered by.

If the buyer is making recurring safety apparel purchases, they should specify the frequency of these purchases.

Evaluate major factors to mitigate risk

How risky is the Safety Apparel supply chain?

The average safety apparel supplier operates with a moderate level of supply chain risk. Although supply chain risks can affect suppliers' production costs, it is unlikely that these risks will threaten the overall availability of raw materials used for safety apparel production. First, petroleum is used in the production of... Subscribe to learn more.

HIGH

MEDIUM

LOW