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Procurement Market Intelligence Report

Televisions
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Televisions?

What is the average price of Televisions?

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

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 Televisions 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 ?

In 2020, ProcurementIQ estimates that there are about 650 television suppliers in the United States (65 manufacturers and 585 wholesalers). Collectively, the top four manufacturers account for more than 85.0% of the market, indicating a high level of market concentration. The underlying functions of televisions are largely universal. As such,... 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?

Product Quality

How many reports of television malfunctions has your company received in the past three years? How do you handle the discovery of faulty televisions?

How many of your products have been recalled in the past three years? What were the primary reasons for these recalls?

What measures do you take to ensure product quality?

How do sudden demand increases affect the quality of your products?

How frequently are your facilities updated and how does your company incorporate new technologies?

COVID-19 (coronavirus)

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?

Amidst 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?

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

Related Goods & Services

Are there any accessories and related products offered at no additional cost with the purchase of televisions?

Do you offer any discounts for purchasing related goods or accessories at the time of the television purchase? Do you offer any discounts on future purchases of related goods?

Do you offer any related services to help ensure successful use of your products at no additional cost or at a reduced price?

Can you meet any of my other electronic or office supply needs?

Product Availability

How large is your current inventory of televisions? How low do you allow your inventory to get before it is replenished?

How do you forecast future demand for your products and how do you adjust your inventory to prepare for anticipated demand fluctuations?

Have you formed any strategic partnerships that afford you additional supply if order volumes exceed your inventory volume?

How quickly can you get additional televisions if your inventory does not meet an order volume?

Production Outsourcing

What parts of your product are outsourced? Where are they outsourced?

For parts of production that are outsourced overseas, are there any geopolitical factors that have disrupted production in the past or could disrupt production in the future?

How do you safeguard yourselves against the negative impact that these disruptions have on your supply chain?

Do you plan to onshore any stages of production currently outsourced overseas in the near future? What impact will this have on your production time and prices?

Supply Chain Risk

From how many suppliers do you source your input materials?

How long have you been in supply agreements with these vendors?

How have fluctuations in the supply of your input materials affected recent prices?

What protocols do you have in place to mitigate fluctuations in the supply and price of raw materials?

What proportion of rising supply costs do you absorb versus pass on to the buyer?

Warranties

How long do the warranties that come with the initial purchase of a television last?

Do you offer the ability to extend the initial warranty period? If so, for how long and at what cost?

Do you offer full replacement of a faulty unit or just repair? What is the average length of time needed for you to replace or repair unit once it is received?

Under what conditions is the warranty nullified?

Can the cost of the warranty be discounted in exchange larger purchase orders?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should specify the total budget for the televisions they wish to purchase.

Buyers should include details about per-unit spending expectations and limitations.

Buyers should request detailed information about shipping and handling costs.

Selection Criteria

Buyers should look for providers that can offer televisions that meet the specifications outlined in the RFP.

Buyers should give preference to providers that can meet the budget requirements in the RFP.

Buyers should prioritize vendors that are located nearby to reduce shipping costs and times.

Buyers should look for providers that offer high-quality televisions.

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

Project Schedule

Buyers need to include the date when proposals are due.

Buyers should indicate the date by which the televisions need to be delivered.

Buyers should indicate how they want the televisions packaged and shipped.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The upstream supply chain for televisions poses moderate risk. Television manufacturers rely primarily on semiconductors, copper wiring, glass products and plastics for production. Second tier suppliers, such as copper foundries, petroleum refineries and semiconductor machinery manufacturers, as well as first tier glass product manufacturers, require complex facilities and machinery. These... Subscribe to learn more.

HIGH

MEDIUM

LOW