Learn about actual and potential costs
How much should I pay for Vending Machine Rental?
What is the average price of Vending Machine Rental?
This procurement report includes pricing information to help you purchase Vending Machine Rental. 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 Vending Machine Rental 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 Vending Machine Rental 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 Vending Machine Rental?
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 Vending Machine Rental 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 ?
Market share concentration among suppliers of vending machine rental services is low, with the top four vendors in the market generating about one-quarter of the market's revenue. There are an estimated 6,301 suppliers that provide vending machine rental services throughout the United States. Market share concentration is low primarily because... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Have you won any quality awards? If so, which ones?
How long does it take you to order a product that is not in stock?
To what extent are your vending machines energy efficient?
Are you capable of equipping your machines with an energy miser?
To what extent are you capable of providing a customized vending machine?
If the products I require are not in your inventory, are you able to order them? If so, how complicated is the ordering process?
Do you provide inventory management services? If so, what do these services entail?
Do you provide vending machines with a touch screen for customers to view the different products?
Which of your machines come installed with a debit or credit card reader?
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Key elements for every RFP
What should my RFP include?
Buyers should explicitly state the amount for the award.
Buyers should explain the schedule with which payments will be made.
For assistance in ascertaining a reasonable price and price range for vending machine rental, buyers can consult the Benchmark Price section of this report.
Buyers should look for suppliers with a wide range of inventory, which will ensure that the vendor will be able to meet current and future needs.
Buyers should ask for a list of references from current and former customers.
Buyers should give preference to local suppliers because it will cut down costs related to delivery, and using a local supplier will simplify communication.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should communicate to prospective suppliers when award information results will be provided.
Buyers need to provide due dates for any delivery, restocking, cleaning and other maintenance work.
Buyers should provide general expectations with regard to response time and customer service.
Buyers should list all specific start and finish dates once a prospective supplier is chosen.
Evaluate major factors to mitigate risk
How risky is the supply chain?
On average, suppliers of vending machine rental services experience a moderate degree of supply chain risk; however, several second tier suppliers present a high level of risk to the supply chain. Among these high-risk second tier suppliers are sugar processors, syrup and flavoring producers and plastic bottle manufacturers. Sugar processors... Subscribe to learn more.