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On-Site Field Machining Services


If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s On-Site Field Machining Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying On-Site Field Machining Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

On-Site Field Machining Services - Recent Price Trend

During the three years to 2018, the price of on-site field machining services has been rising at an estimated annualized rate of 1.9% due to strengthening downstream demand, in turn challenging buyers. At the same time, negligible price volatility has provided some relief to buyers.External demand drivers such as private investment in industrial equipment and machinery, the IPI and US oil and gas.

On-Site Field Machining Services - Total Cost of Ownership

The total cost of ownership (TCO) for on-site field machining services is considered low, whereby other costs associated with the services amount to less than 50.0% of the benchmark purchase price per year. A low TCO benefits buyers because it reflects the transparency of the vendor’s price quote. However, TCO is strongly contingent upon the pricing model. For instance, under the fixed bid.

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About this Report

This report is intended to assist buyers of on-site field machining services (also known as in-situ machining and portable machining). Suppliers in this market travel to buyers' facilities to provide planned and emergency repair, maintenance and modification services for equipment that cannot be easily shipped. Vendors service a variety of onshore and offshore machines and equipment, including generators, turbines, valves, mining equipment, drilling rigs, pipes and pipelines. Relevant services include drilling, flange facing, turning, weld testing, hole boring, line boring, polishing, foundation milling and pipe cutting. This report does not cover machine shop services.

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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