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Procurement Market Intelligence Report

Tow Tractors
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Tow Tractors?

What is the average price of Tow Tractors?

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

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 Tow Tractors 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 Tow Tractors?

There are currently an estimated 3,100 tow tractor suppliers operating in the United States. In this market, suppliers are comprised of distributors and manufacturers. Suppliers vary in size and scope, but no single supplier has overwhelming control of the market. The top four suppliers account for less than 30.0% of... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Regulation

Have new regulations forced you to alter your production techniques in the past?

Have you ever been fined by a regulatory body?

Do you offer retrofitting in the event that a new regulation is passed?

What kinds of engines do you install in your tow tractors and what level of emissions do they generate?

Shipping & Delivery

How do you ensure on-time delivery?

Do you have your own delivery equipment and personnel or do you use a third-party delivery supplier?

How do you handle damaged shipments or defective product deliveries?

How are you trying to improve delivery time and accuracy?

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Key elements for every RFP

What should my Tow Tractors RFP include?

Project Budget

Buyers should explicitly state the amount of the contract award.

Buyers should explain when and how many payments will be made.

Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for each tow tractor.

Selection Criteria

Buyers should give preference to suppliers with extensive experience and strong customer service.

Buyers should make sure the provider offers tow tractors with the appropriate specifications.

Buyers should evaluate suppliers based on the estimated costs of the units they are offering.

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 proposals are due and when award information will be available.

Buyers should specify the date by which they require their tow tractor purchases to be delivered on-site.

Buyers should include any other benchmark dates relevant to the project that suppliers will need to be aware of.

Evaluate major factors to mitigate risk

How risky is the Tow Tractors supply chain?

The supply chain for tow tractors carries moderate risk. The most prevalent source of risk in the supply chain is the highly volatile metal manufacturing industry. Steel and aluminum manufacturers respond quickly to changes in demand from their buying markets, making price spikes a common occurrence. If price spikes are... Subscribe to learn more.

HIGH

MEDIUM

LOW