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Value of Competitive Bids

From the point of view of the organizational buyer, what is the value of getting competitive bids?

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It is key to get competitive bids in order to understand the market and the product better. A buyer must first outline his or her needs. This in itself helps to better define the issue and understand the most important parts of the equation. Next, one must ...

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This solution discusses the value of competitive bids from the point of the organizational buyer. A link is included.