If you find a vendor providing a desirable type of glass for your project, what should you consider doing?

In project management, when encountering a vendor who provides a desirable product, it’s essential to evaluate multiple options before proceeding. The choice of building a product instead of going through a vendor may not always be practical or ideal, as it can often lead to additional costs and extended timelines. Instead, the most strategic approach is to consider requesting a bid from multiple vendors.

By soliciting bids, you can compare prices, product availability, and service levels among several suppliers, ensuring that you secure the best value for the project. This competitive process also allows for negotiations on terms and conditions that can lead to enhanced service, quality, or pricing benefits. Ultimately, this method supports informed decision-making based on comprehensive market insight, which is a vital aspect of effective project management.

In this scenario, building the product in-house could impose more workload and complexity than simply purchasing from a reliable vendor, underscoring the importance of evaluating all options through competitive bidding.