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Procurement Market Intelligence Report

Truck Liftgates Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Truck Liftgates?

What is the average price of Truck Liftgates?

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

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 Truck Liftgates 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 Truck Liftgates?

There are about 2,000 wholesalers and distributors and an estimated 19 manufacturers in the US truck liftgate market. While buyers have access to about 80,000 truck repairers and installers that also sell liftgates, the four largest manufacturers command about 50.0% of total market revenue annually, indicating that the market is... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Warranty

Do all of your liftgates come with a factory standard warranty?

What are the terms and conditions of the warranty?

What is the process for filing a warranty claim?

Can I purchase a supplemental warranty?

Order Fulfillment

Do you accept orders directly from buyers or do you use a distribution network only?

What is the geographic scope of your distribution?

Do you offer expedited shipping?

What is your procedure for ensuring that the correct liftgate gets shipped?

What is your average time frame when completing an order?

Inventory

How many types of liftgates do you currently offer?

Have you expanded your product line recently? How does it compare to your competitors'?

How many liftgates do you keep in inventory at any given time?

Is your inventory tracked using an electronic tracking system?

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Key elements for every RFP

What should my Truck Liftgates RFP include?

Project Budget

Buyers should provide a total budget for their order. This budget should be broken down by the price per liftgate.

Buyers should create a total budget that accounts for delivery and any other total ownership costs. For help creating a total budget, buyers can use the Benchmark Price and Total Cost of Ownership sections of this report.

Selection Criteria

Buyers should select a vendor who is able to offer a specific liftgate model that meets their budget and quality standards.

Buyers should select a vendor with a strong track record of providing quality liftgates as evidenced by their client references.

Buyers should maintain a criteria with their most important pricing and quality factors. For help creating a selection criteria, buyers can reference the Buying Decision Scorecard sections of this report.

Project Schedule

Buyers should provide a list of key dates in the RFP process, including deadlines for submissions, inquiries and any site visits.

Buyers should provide delivery deadlines for all purchased liftgates. If periodic deliveries are expected, buyers should specify how frequently those liftgates will be purchased.

Buyers should specify when final bid awards will be announced.

Evaluate major factors to mitigate risk

How risky is the Truck Liftgates supply chain?

The supply chain risk for the liftgate market is moderate. Moderate supply chain risk is somewhat disadvantageous for buyers because it has the potential to expose them to unpredictable changes in product prices. Because truck liftgates are made primarily from steel and aluminum components, the prices of these have a... Subscribe to learn more.

HIGH

MEDIUM

LOW