Learn about actual and potential costs
How much should I pay for USB Flash Drives?
What is the average price of USB Flash Drives?
This procurement report includes pricing information to help you purchase USB Flash Drives. 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 USB Flash Drives 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 USB Flash Drives 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 USB Flash Drives?
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 USB Flash Drives 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 580 USB flash drive suppliers in the United States, with the top four vendors in the market making up less than 30.0% of total market revenue. Consequently, these factors indicate that market share concentration in the USB flash drive market is low. The... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Supply Chain Risk
How do you manage risk in your supply chain?
Who are your most important suppliers? How long have you been in business with them?
How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?
What is the breakdown of your downstream markets by revenue?
How often do you evaluate your supply chain's prices to ensure they are still competitive?
Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?
Has import penetration adversely affected your operations? If so, how?
What incentive would I have in choosing your USB flash drives over an imported product? What sets your product line apart from your foreign competitors?
For suppliers based outside the United States, how has the value of the US dollar affected your prices?
What portion of your production due you import into the United States from other countries?
What parts of your product are outsourced? To whom and 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 might disrupt production in the future?
How do you safeguard against the negative impact that these disruptions can have on your supply chain?
Are you planning on onshoring any stages of production currently outsourced overseas in the near future? If so, what impact will this have on your production time and prices?
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Key elements for every RFP
What should my RFP include?
Buyers should specify their budgets for USB flash drives and any desired related services or goods.
Buyers should indicate when payment will occur (e.g. upon award of the contract or over a period of time).
Buyers should reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.
Buyers should look for vendors that offer USB flash drives that meet RFP requirements.
Buyers should evaluate vendors based on previous client testimonials and their ability to provide quality customer service.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should specify the date and time proposals are due and when award information will be available.
Buyers should provide the RFP schedule and expected timeline for product delivery.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain risk for USB flash drives is moderate but has remained unchanged in the three years to 2020. Most of the risk in the market comes from the volatile prices of inputs, mainly semiconductors and electronic components. The price of semiconductors and electronic components is sensitive to the... Subscribe to learn more.