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Monthly Archives: April 2017
How are Tenders Evaluated
The process of evaluating tender begins with the submission of the contractor’s response to the Invitation to tender. It makes an offer to supply the asked goods and services as per the requirement of the tender implementing agency. once the … Continue reading
What is the difference between Procurement, Purchasing and Sourcing
The most challenging task for a Procurement professional is getting his procurement terminology right in order to define his scope of work. The pain area is, these terms are often used interchangeably. Though it’s a fact that these terms mean … Continue reading