Why should I call for Tenders?

The process of calling for Tenders, Quotations, Expressions of Interest, or Requests for Information etc. is a recognised method of procuring contract goods and services.Typically, organisations will utilise the Tendering/Quotation process for a number of reasons.  Some of these may include:

  • Initiate a cost reduction program
  • Standardise product purchases
  • Reduce unplanned spending and drive down contract risk
  • Maintain auditable supply and contract management processes
  • Stimulate new product development with supplier innovations.
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