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Procurement Market Intelligence Report

Temperature Measurement Instrumentation
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Temperature Measurement Instrumentation ?

What is the average price of Temperature Measurement Instrumentation ?

This procurement report includes pricing information to help you purchase Temperature Measurement Instrumentation . 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 Temperature Measurement Instrumentation 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 Temperature Measurement Instrumentation 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 Temperature Measurement Instrumentation ?

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 Temperature Measurement Instrumentation 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 temperature measurement instrumentation market has a low level of market share concentration. ProcurementIQ estimates that there are about 410 vendors operating in the market, with the top four companies accounting for less than 30.0% of total market revenue. During the past three years, market share concentration has risen marginally... 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?


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 often do your products need to be calibrated?

What are the most common technical issues that you have experienced with these products?

What is the expected useful life of your temperature measurement instruments?

What proportion of revenue is dedicated to research and development?


Do you source materials with a 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?

Amid widespread health concerns, what contingency plans are in place to mitigate the 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 or reduced demand?


How do you win and retain business?

What sets your product apart from your competitors'?

What value-added products or services do you offer that your competitors do not?

How often do you honor competitors' pricing deals or promotions?

How has international competition affected your firm? How will you try to win over buyers as imports continue to grow?


Do you offer a warranty on your temperature measurement instruments? What do your warranties cover?

How long does the warranty last?

What are the terms and conditions of the warranty?

Under what circumstances will the warranty be voided?

Supply Chain Risk

How have your production costs changed during the past three years?

How do input price fluctuations affect your clients?

What do you do to offset increases in production costs?

How many different upstream suppliers or manufacturers of raw materials do you contract with?

What are the criteria for picking the manufacturers or suppliers you partner with?

How often do you evaluate costs of your upstream inputs to ensure the contracts are competitive?

Related Goods

What additional products or services do you offer separate from the purchase of this equipment?

What type of discounts do you offer for specific types or brands?

What bundling deals do you offer to customers that purchase multiple types of equipment?

What other products and services do you provide that you think may be of use to me specifically?


What are your shipping rates to my facilities? Do shipping rates vary if I need temperature measurement instruments shipped to more than one location?

Could you provide a list of your distribution facilities locations, domestically and internationally?

Do you allow the usage of a clients' own shipping, transportation or delivery method?

What shipping supplier do you primarily use? Do you have alternate preferred suppliers?

Customer Service

Do you offer maintenance and repair services? If not, can the service be included at an additional cost?

Do clients have a dedicated account manager or do they call a general support line?

What are the hours for your customer support hotline?

Geographically, where will the client’s technical support/account manager be based?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should state the amount of the contract.

Buyers should request information about shipping costs and terms.

Buyers can consult the Benchmark Price section of this report to determine how much they should pay for temperature measurement instruments.

Selection Criteria

Buyers should assess the expected quality of temperature measurement instruments.

Buyers should take into account the level of customer service a vendor is able to offer.

Buyers should evaluate the delivery capabilities of a vendor.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include a deadline for proposal submissions and give the dates by which they will evaluate samples and announce the contract award.

Buyers should include the desired shipping date as well as information about delivery locations.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain for temperature measurement instruments presents a moderate degree of risk. In terms of first-tier suppliers, machinery manufacturers and electrical equipment wholesalers are dependable and demonstrate low risk levels. This ensures that suppliers are capable of sourcing what they need to provide their products to buyers and mitigates... Subscribe to learn more.