Emma works as a project manager on a project that will require a specially engineered machine. Several producers can make the machine to the specifications Emma needs. She will take purchase price as the sole criterion for selecting from among the vendors. Which of the following is correct regarding this question?
When using price alone as a criterion for selection, there should be more than one vendor who can supply the goods or services you are procuring. However, that doesn’t mean you can’t use additional criteria for source selection. You should include costs such as delivery and setup in the purchase price criterion.