Tender Sourcing

Tender sourcing refers to the process of identifying and securing bids or proposals from suppliers or contractors for goods, services, or works. This process is usually used by organizations and governments to acquire goods and services at the best possible price and quality. Tender sourcing is a critical part of procurement and supply chain management and requires a structured approach and detailed planning to ensure the best results. It helps organizations ensure that they get the best value for money and that the goods and services they purchase are of the highest quality.