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Procurement Market Intelligence Report

Safety Training Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Safety Training Services?

What is the average price of Safety Training Services?

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

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 Training Services 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 Training Services?

The safety training service market has low market share concentration, with the top four suppliers collectively generating less than 20.0% of total market revenue. There are an estimated 5,300 safety training enterprises operating in the United States. During the past three years, the number of enterprises has been steadily increasing... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

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 your reputation in the market?

What is the average length of a customer relationship for your company? How does that compare to others companies in this business?

How do you measure customer satisfaction?

What steps do you take to respond to customer questions or complaints?

Competition

What steps do you take to win business, given this market is so competitive?

What steps do you take to retain the clients you have?

Do you offer any discounts for referrals?

What can your company offer me that the competition cannot?

Valued-Added Services

Do you offer any other goods or services related to my business?

What services are included in your quoted price?

Do you provide any sort of certification renewal service or refresher classes in the future?

Are these classes offered at a discount for returning clients?

Do you have any bundle options?

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Key elements for every RFP

What should my Safety Training Services RFP include?

Project Budget

Buyers should specify their budget for safety training services, if available.

Buyers should define payment schedules and methods.

Buyers should request a detailed cost breakdown.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers should evaluate vendors based on staff experience and qualifications.

Buyers should evaluate vendors' scope of service offerings.

Buyers should evaluate vendors' methodology and approach to conducting training.

Buyers should consider the reputation of the provider and references from previous clients of a similar size and scope.

Buyers should also evaluate vendors based on cost.

For additional details about selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should outline when proposals must be submitted.

Buyers should communicate to prospective suppliers when bid awards will be posted.

Buyers should outline the duration and terms of the contract and cancellation policy.

Evaluate major factors to mitigate risk

How risky is the Safety Training Services supply chain?

The supply chain for safety training services has a low level of risk. Most of the goods required to conduct safety training are widely available, which decreases the chance of upstream supply chain disruptions and, thus, benefits buyer power. To deliver training services and conduct the administrative aspects of their... Subscribe to learn more.

HIGH

MEDIUM

LOW