Overview

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

Industrial Furniture - Recent Price Trend

In the three years to 2017, industrial furniture prices have been increasing at an estimated annualized rate of 1.6% due to increased demand from industrial production. Demand growth harms buyer power by giving suppliers less incentive to negotiate lower prices. Fortunately for buyers, price growth has been moderated by heavy competition and falling input costs.Rising demand from manufacturing...

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Industrial Furniture - Total Cost of Ownership

Industrial furniture has a moderate total cost of ownership (TCO). The additional costs factored into the TCO include freight charges, packaging and special handling fees, as well as assembly and installation fees.Industrial furniture tends to be very large and heavy, which contributes to high shipping and handling fees. Buyers should always take these charges into account prior to purchasing...

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About this Report

This report is intended to assist buyers of industrial furniture. Industrial furniture includes work surfaces, cabinets, storage, lighting and work platforms intended for use in industrial settings, such as manufacturing facilities. Suppliers typically include diversified furniture manufacturers and distributors. This product group specifically excludes furniture intended for commercial or household use.

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
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 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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