Archive for January 20th, 2010

Purchasing – What to Do When Competitive Tendering is Not Enough

Wednesday, January 20th, 2010

Purchasing teams make good use of competitive tendering approaches when sourcing products and services. The idea is that market forces will drive suppliers to "sharpen their pencils" and bid their best price. Choosing the lowest (subject to other factors such as technical and quality) then gives the best value for ...