In August 2022, SIG conducted an informal benchmark.
We collected at a high level from the SIG buy-side community:
- Policy requirements for competitive bidding process (e.g. spend amount) and when to bypass
- Policy requirements for bid response review
- Drivers for conducting a reverse auction
Click the download button below to review.
Contributors: SIG
SRC Type: Benchmarking and Analysis, Policies, Procurement Operations, Sourcing, Strategy