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If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s Panelboards procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Panelboards, 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

Panelboards - Recent Price Trend

The average price of panelboards has been decreasing at an estimated annualized rate of 0.5% in the three years to 2018, which is beneficial to buyer power. The downward trend in panelboard prices during the past three years can be attributed to strong import competition. Manufacturers in countries like Mexico and China can produce panelboards at a fraction of the cost due to cheaper labor.

Panelboards - Total Cost of Ownership

The total cost of ownership for panelboards is low, typically amounting to less than 35.0% of the benchmark price. Once panelboards are installed, they require minimal maintenance and have low inspection costs. Panelboards usually only require a quick visual inspection to determine the condition of the unit. Their simple product design allows buyers to easily replace circuit breakers and other.

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About this Report

This report is intended to assist buyers of panelboards. A panelboard, also known as a distribution board, is a component of an electrical system that distributes an electrical current throughout a structure and protects electrical systems from overcurrent and faults. Common buyers include construction companies, facility administrators and electrical service companies. Suppliers include electrical equipment manufacturers and distributors. This report does not include electrical transformers, relays or electrical wire.

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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