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ProcurementIQ’s Springs Procurement Research Report offers purchasing insight into the Springs market. Our analysis dissects pricing trends and the supply chain, including highlighting key suppliers and their financial benchmarks. The report also provides key pieces of take-away intelligence, such as negotiation question preparation and a buying decision scorecard, which includes factors weighted according to their importance in the decision-making process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Springs - Recent Price Trend

During the three years to 2018, the price of springs has risen at an estimated annualized rate of 3.0% with moderate volatility. Price growth harms buyers because they have less leverage during negotiations with suppliers. Moderate price volatility is also harmful because buyers are less able to create accurate budget forecasts due to variable costs.Growing demand has been a significant driver of.

Springs - Total Cost of Ownership

The total cost of ownership for springs is low, as there are typically no hidden or additional costs that occur after the purchasing process. The only additional costs that buyers can expect are shipping costs and depreciation. Shipping costs vary depending on the supplier’s location relative to the buyer but typically constitute a fraction of the price of the product. Buyers that purchase.

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About this Report

This report is intended to assist buyers of springs. Springs have limited use on their own and are typically incorporated as a component of other products, such as car suspension, manufacturing machinery, mattresses, garage doors and clocks. Types of springs include leaf springs, spiral springs, wire-form springs and helical springs, also known as coil springs. Key buyers are typically in the manufacturing industry. Key suppliers include steel manufacturers and specialty suppliers. This report does not include information on orthodontic springs, wave springs, bands or press springs.

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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