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Procurement Market Intelligence Report

Vacuum Cleaners
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Vacuum Cleaners?

What is the average price of Vacuum Cleaners?

This procurement report includes pricing information to help you purchase Vacuum Cleaners. 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 Vacuum Cleaners 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 Vacuum Cleaners 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 Vacuum Cleaners?

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 Vacuum Cleaners 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 ?

ProcurementIQ estimates that there are more than 5,700 suppliers of vacuum cleaners in the United States. The majority of suppliers selling to businesses are wholesalers, which make up an estimated 4,600 of all suppliers. About 30 manufacturers and more than 1,000 retailers also cater to this market, with the majority... 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?

Regulation

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?

Supply Chain

How sensitive is your company to price changes of key inputs such as plastic, steel and electronic components?

How have rising input costs affected your pricing?

How do you manage risk in your supply chain?

How diversified is your client base? Which industries drive the most business for your firm?

Has your company ever been at risk of bankruptcy?

Regulation

Do you offer products that adhere to EPA and OSHA standards for hazardous material containment?

What methods do you use to stay informed about ongoing regulatory change?

How have you adjusted to new regulations in the market?

How do you ensure that your customers are aware of any changes in regulations that might impact them?

Service

How can customer service representatives be reached?

What is the typical response time for an inquiry?

How do you evaluate customer satisfaction?

What are some major complaints you have had from customers? How did you handle these issues?

How quickly can a maintenance technician be available for repairs?

Logistics

Where are your distribution facilities located?

What is the typical delivery time for the vacuums I am interested in?

Is express shipping available?

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

Quality Control

How often do you experience defects with your products?

Have you ever had to issue a recall? If so, what was the issue and how has it been rectified?

What is the typical inspection process that your vacuums undergo?

Do you have quality control benchmarks that you report to clients?

How do you measure the quality of your vacuums against competitors?

Warranty

What does your standard warranty cover?

Are extended warranties available?

How are warranty repairs or replacements handled?

If my vacuum breaks down while under warranty, do you provide a loaner while mine is being repaired? If so, is there an additional charge?

Are there any transportation, labor or replacement fees associated with warranty claims?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should indicate the contract budget, if possible.

Buyers should specify payment terms and schedules.

Buyers can reference the Benchmark Price section of this report for assistance in creating a budget.

Selection Criteria

Buyers should evaluate suppliers based on their product offerings, their facility locations and their supply chain stability.

Buyers should also evaluate suppliers based on cost.

Buyers should request references from current and former clients.

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

Project Schedule

Buyers should specify the date by which proposals must be submitted.

Buyers should communicate to prospective suppliers when bid awards will be posted.

Buyers should outline the length and terms of the contract and cancellation policy, if necessary.

Buyers should include the date by which the vacuums must be delivered.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The vacuum cleaner supply chain has a moderate level of risk. The prices of inputs used in vacuum manufacturing, such as steel, plastic and electronic components, can fluctuate significantly from year to year based on changing global demand. The price of plastic, for example, largely depends on the price of... Subscribe to learn more.

HIGH

MEDIUM

LOW