There can be host of other factors beyond the upfront price to any procurement buyers were told © Musthafa Photography
There can be host of other factors beyond the upfront price to any procurement buyers were told © Musthafa Photography

How procurement can add value

23 May 2017

Buyers in the Middle East have been told to take into account the whole life cost of goods and services when looking to add value to their organisations.

“Remember, the lowest cost is not always the lowest cost,” said Jason Brown, head of group procurement at First Abu Dhabi Bank. There can be host of other factors beyond the upfront price to any procurement, including maintenance, training and decommissioning, that need to be considered before any decisions are made.

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