New products come to the market at a great rate. While many shout about their innovation or competitive pricing, it can be difficult to spot the true merit of a product without the right information. fmME offers a few top tips that are always worth keeping in mind when purchase orders are on the way.
Know what you are looking for and exactly what you need it to do.
Get suppliers to provide detailed product information based on your specific requirements.
3. PRICE VERSUS...
Is price the most important factor?
Or will quality matter more in the long run?
5. IS IT NEEDED?
Is the product something the project really needs? Could it be done without or bought at a later stage?
Does this product need to be ‘green’?
Does the product need to conform to any specific standards?
Will the product make it to production on time, or is there an order backlog?
How long will your company be liable for the product’s performance?
Will this purchase sort the job or will it come back to haunt you?