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My purchasing department insists on going with the cheapest bid….does this make economic sense?

April 26, 2017cheapest Department Economic going insists purchasing sense

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My purchasing department insists on going with the cheapest bid….does this make economic sense?

1 Answer

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Pay now, or pay later. Chances are, you won’t be saving money in the long run. Hidden costs to factor in are: vehicle down time, higher breakage rates, slower service response time, unreliable service.