Procurement Decisions

Procurement Decisions

You have four vendors on the “short list” for a project that involves procurement decisions. They have virtually the same experience, have proposed similar project teams, and have excellent references. Two are major national vendors, one is a local company, and the other is a regional firm. The regional firm has the lowest price, followed by the local firm, with the national vendors submitting the highest bids.

  • Does size make a difference?
  • What about cost?
  • What other information would you need to make a decision?

 

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