Most of us have heard Voltaire’s wisdom translated as "Perfect is the enemy of good." Today, 250 years later, we have a correlated quote that should serve as a lesson to procurement professionals. “Later is the enemy of savings.”
For a procurement professional who’s perpetually overstretched, conducting a request for proposal (RFP) guarantees one thing, and it’s not better pricing. It’s time.
Most procurement departments are familiar with running an office products Request For Proposal (RFP), especially the time, effort and resources required. Years of running RFPs may give a company confidence that they are putting in place an effective office supplies contract with negotiated savings. However, hidden costs are not always uncovered with an Office Products RFP.