Skip to the content

Procurement Market Intelligence Report

Safety Harnesses
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Safety Harnesses?

What is the average price of Safety Harnesses?

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

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 Harnesses 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 concentration for safety harnesses is moderate in 2020, with the top four vendors accounting for over 50.0% of market revenue. Roughly 3,550 suppliers of safety harnesses operate in the US market. The market's major players are all manufacturers, despite the number of manufacturers accounting for a slim portion... 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?

Safety

What steps do you take to ensure that your products consistently satisfy OSHA requirements?

If a product is found to be defective, do you offer a replacement free of charge?

What if one of my employees is injured because your product failed? Would you assume full or partial liability in such a scenario?

Have you ever learned of any instances where your product failed? If so, what was the cause of product failure in this instance?

Regulation Change

How have you dealt with regulatory changes in the past?

Do you take any steps to inform your clients of a pending regulatory change?

How has regulatory change affected your prices in the past?

Do you have a plan for improving the protective capacity of your product in the event of a regulatory change?

Supply Chain

How does an increase in raw material prices (e.g. synthetic fiber) affect your business and me as a buyer?

How would you deal with cost changes for manufacturing machinery?

How do you assure the quality of your primary inputs?

Can you tell me about a time where there was a disruption in the supply chain? What did you do to fix it?

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?

Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased/reduced demand?

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 harnesses?

Is your firm insured or bonded?

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

Has the model of harness that I am purchasing been tested by ANSI?

Customer Satisfaction

Do you have any long-term clients we can speak to as professional references? Can you describe their relationship with your company?

What is the average length of a customer relationship for your company?

How do I get in touch if there is an issue with our contract?

How do clients typically review your performance?

Amidst widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees?

Additional Product Offerings

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

What advantages are afforded if I choose to bundle safety harnesses 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?

“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?

Project Budget

Buyers should state a total value for the contract.

Buyers should state their payment expectations.

Buyers should request information about any hidden costs, such as shipping.

Selection Criteria

Buyers should prioritize suppliers that have adequate customer service.

Buyers should prioritize suppliers with a reputation for success.

Buyers should prioritize suppliers that offer competitive pricing.

For more selection criteria information, buyers are advised to consult the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should inform suppliers of the date on which the RFP was issued.

Buyers should provide a date for when any questions are due.

Buyers should provide a date for when proposals are due.

Buyers should provide a date for when the award announcement will be made.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Suppliers of safety harnesses operate with a moderate level of supply chain risk, which stems primarily from vendors' heavy reliance on synthetic fiber and steel products as primary inputs, both of which have been directly hit with tariffs imposed by the Trump administration on products flowing in to the United... Subscribe to learn more.

HIGH

MEDIUM

LOW