The Procurement ClassRoom

NOVEMBER 16, 2024

Similarly, crises like the COVID-19 pandemic or the Ebola Virus Disease outbreak, which disrupts supply chains and markets, may call for specific procurement strategies. Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally.

Procurement 105

Procurement Competitive Bidding Bidding Supplier 105

American City & Country

NOVEMBER 18, 2024

These contracts are competitively bid and offer access to a broad range of goods and services at negotiated rates, making them ideal for organizations of all sizes. Use procurement software or work with a GPO like OMNIA Partners that offers advanced analytics tools to track spend, identify trends, and optimize your supply chain.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

Tracker Intelligence

FEBRUARY 28, 2024

Competitive Bidding in Construction: An Overview In the construction industry, competitive bidding is an aspect of procurement where several interested contractors submit offers to win a project based on predefined tender documents. Basically, the tender is the RFP while the bid is the proposal.

Tender 52

Tender Bidding Bidder Competitive Bidding 52

Select GCR

SEPTEMBER 3, 2024

Having multiple suppliers to choose from allows a procurement team to leverage competitive bidding, ensuring the best value for the organization. In such cases, the competitive bidding requirement is not applicable. It is typically employed to save time and resources by avoiding a competitive bidding process.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

The Procurement School

JANUARY 20, 2025

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. There can be various types of services which supply chain consultants can provide.

Negotiation 52

Negotiation Contract Management Management Contract 52

The Procurement School

FEBRUARY 25, 2025

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. There can be various types of services which supply chain consultants can provide.

Consulting 52

Consulting Competitive Bidding Inventory Public Procurement 52