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Procurement Market Intelligence Report

Trash Bags
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Trash Bags?

What is the average price of Trash Bags?

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

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 Trash Bags 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 ?

There is a high level of market share concentration in the trash bags market, with the top four companies accounting for more than 50.0% of total market revenue. Although there are more than 900 suppliers of trash bags, the market has been largely dominated by the Clorox Company and the... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Cost Control

How has your company adjusted to plastic price volatility?

What procedures do you have in place to ensure operational efficiency?

How often do you check for operational efficiency?

How do you ensure that your input material vendors offer the best prices? How is this reflected in my prices?

Has your ability to distribute market products promptly, given the potential disruptions in your supply chain caused by the coronavirus pandemic?

Distribution Capabilities

How many manufacturing locations do you have? How about warehousing operations?

What are the production or distribution capabilities for each of your locations? Which of these locations will be supplying my business?

What are your transportation procedures? How do these procedures affect my costs?

How do you limit transportation related risks?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should include the total value of the contract for the trash bags.

Buyers should specify terms for price adjustments during the term of the contract.

Buyers should reference the Benchmark Price section of this report to determine if they are paying competitive prices for trash bags.

Buyers should include their preferred methods and frequency of payments.

Selection Criteria

Buyers should evaluate vendors on the quality of their customer service.

Buyers should give preference to vendors that can meet their requirements for production capabilities.

Buyers should look for providers that have an extensive product catalog.

Buyers can reference the Buyer-Decision Scorecard section of this report for additional criteria with which to evaluate vendors.

Project Schedule

Buyers should indicate the date when vendors’ proposals are due.

Buyers should include the date that vendors will be notified of contract awards.

Buyers should indicate the desired length of the contract, if applicable.

Buyers should specify the date by which the trash bags must be delivered.

Evaluate major factors to mitigate risk

How risky is the supply chain?

In the trash bags market, the level of supply chain risk has been moderate during the three years to 2020. Much of this risk comes from plastic and resin manufacturers and these upstream vendors' suppliers, petroleum refiners. Purchases constitute more than half of suppliers' revenue; thus, changes in major raw... Subscribe to learn more.