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Direct Bidding

oboloo Glossary

Direct Bidding

Direct bidding is a business process that involves a company or organization directly negotiating with suppliers for goods and services. This process is different from the traditional bidding process, which involves multiple suppliers competing for the same contract. Direct bidding allows the company or organization to negotiate directly with the supplier for the best possible price and terms. It also allows the company or organization to have more control over the quality of the goods and services they receive. Direct bidding can be used to purchase raw materials, parts, components, and services, and can also be used to negotiate contracts for services such as consulting, research, and development. Direct bidding is an effective way for companies and organizations to get the best value for their money and to ensure that they are getting the highest quality goods and services.

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