Navigating Potential Price Increases: Procurement Resources Available
Heads up, VCU community! You may have heard about increased tariffs on goods coming from Mexico, Canada, and China. These changes could lead to cost increases on some products commonly used across campus.
We understand that budget management is crucial, and we want to help you navigate any potential price fluctuations. Your partnered supplier catalogs within RealSource remain the best starting point for procuring most goods. These catalogs offer pre-negotiated pricing and streamlined ordering processes.
However, we also recognize that significant price increases on regularly used items can impact your department’s budget. If you notice substantial changes in the cost of goods vital to your teaching, research, or patient care activities, please don’t hesitate to reach out to our purchasing team.
We’re here to help you explore alternative suppliers and potential cost-saving strategies. Our team can provide guidance on finding comparable products, leveraging university contracts, and navigating the complexities of the current market. We’re committed to supporting your department’s needs while ensuring responsible and cost-effective purchasing.
Don’t let potential price increases catch you off guard. VCU Procurement Services is your partner in navigating these changes. Contact us today to discuss your specific needs and explore available options. We’re in this together!
