![]() ![]() You may get a good deal given the ongoing good relationship that you have with your trusted garage owner. Perhaps the price is set at an affordable price which you are happy to pay. You, as the buyer, might prefer to use your regular garage to sell you that lovely sports car that has been attracting your attention on the forecourt for some time. Let’s focus on the sports car sector in our example. #BUYING A CAR WITH XPLAN ALWAYS CHEAPER FULL#full sale cost of the car, cost to maintain the car, its roadworthiness and its depreciation over time). ![]() The automobile industry is a good example to demonstrate value (often measured in quality of products, brand reputation, customer service, customer experience and customer loyalty) in conjunction with actual costs (i.e. However, if a service or product is not providing the value or ROI that a business expected, then time and money is wasted on rectifying the problems. SMEs often outsource services to remain cost efficient and operationally effective. In any industry you will always find someone who will provide the services you are looking for at a cheaper price, but is it always wise to buy cheap? How can you be sure of value for money and a return on your investment?įor SMEs it is particularly important to recognise the immediate and long-term differences between cost and value during any procurement process. ![]()
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