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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 Coring Services 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

Coring Services - Recent Price Trend

During the three years to 2018, the price of coring services has been falling at an estimated annualized rate of 1.5%. Although the decline in service rates has benefited buyer power, price volatility has been high, in turn impeding buyers’ ability to budget accurately for services.Trends in external demand drivers have strongly shaped the pricing environment for coring solutions through 2018. On.

Coring Services - Total Cost of Ownership

In general, coring services carry a low total cost of ownership. Vendors are expected to be certified and knowledgeable about various aspects of coring operations, as well as compliant with relevant laws and regulations. Despite the high level of skill required for the job, miscalculations and unforeseeable issues occur occasionally, which can result in accidents. Consequently, many buyers invest.

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About this Report

This report is intended to assist buyers of coring services, which involve obtaining recoveries of core samples for subsequent data evaluation. Suppliers provide services such as conventional core drilling, core isolation, horizontal coring, core analysis, antijamming system services, motor coring, oriented coring and core preservation, among others. Most of these services must be performed on site. This report does not cover the procurement of coring equipment.

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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