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ProcurementIQ’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. ProcurementIQ’s Metal Cutting Tools procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Metal Cutting Tools - Recent Price Trend

During the three years to 2018, the average price of metal cutting tools has been increasing at an estimated annualized rate of 0.6%, mainly due to expanding demand and significant fluctuations in the prices of key inputs. Although these factors have negatively impacted buyer power, buyers have benefited from low overall volatility in tool prices during the past three years, which has allowed.

Metal Cutting Tools - Total Cost of Ownership

The total cost of ownership for metal cutting tools is low. When purchasing metal cutting tools from suppliers, buyers typically purchase large orders of tools. Therefore, in case any of their tools become damaged, buyers usually have spare tools available for use. Additionally, there is little maintenance required to keep individual tools functioning properly. Although the total cost of.

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About this Report

This report is intended to assist buyers of metal cutting tools. Metal cutting tools include boring tools, hob cutters, reamers, pipe cutters, screw machine drills and metal slitting saws. The primary suppliers of metal cutting tools are manufacturers, wholesalers and retailers. Key buyers include manufacturers, machine shop service providers and construction firms. This report does not include wire or cable cutters, precision hand tools or pneumatic tools.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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