Many procurement organizations, especially in the public sector and highly regulated industries, are required to use competitive bidding. This process has been shown to yield significant cost savings, improve transparency and enhance competition.
But competitive bidding also presents challenges for procurement teams, and one of the biggest is dealing with bid award protests.
Though high-volume purchasing organizations may find it impossible to avoid bid protests altogether, they can minimize the risks by following some best practices and maintaining a clear, consistent process.
Click here to see the full ghostwritten post that outlines best practices for avoiding bid protests.