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

Industrial Wheels - Recent Price Trend

During the past three years, the average price of industrial wheels has been increasing at an estimated annualized rate of 2.9%. Consumer sentiment and industrial production activity have been improving during the past three years, creating a wave of demand for industrial wheels and related products. The consumer confidence index, which measures the average US consumer’s willingness to make.

Industrial Wheels - Total Cost of Ownership

Industrial wheels have a low total cost of ownership due to their high reliability and long useful lives. There are no hidden costs or additional products associated with industrial wheels; however, installation can be time consuming, depending on the type of wheel. Because most buyers of industrial wheels have access to an in-house automotive technician, installation is not an added cost and.

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About this Report

This report is intended to assist buyers of industrial wheels. Industrial wheels include impeller wheels, flywheels, pulleys and cog wheels (gears). These products are widely used as parts of internal combustion engines in automobiles, commercial vehicles and airplanes, as well as in stand-alone engines such as generators. Industrial wheels can be used in a range of applications, and they are available in a variety of sizes and specifications. Manufacturers, wholesalers and retailer typically supply industrial wheels. Common buyers include automobile and truck manufacturers, auto parts wholesalers and construction and energy companies. This report does not include rolling hardware such as casters or cart wheels.

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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