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Questions and Answers
Why is it important to consider 'Best Value' for this Key Performance Indicator?
To ensure that the supplier delivers products or solutions that provide the best balance between price and quality.
What are some important considerations when evaluating the supplier's pricing?
Competitive pricing, transparency in cost buildup, and proactive support for cost savings initiatives.
How can a supplier demonstrate that they are delivering 'best value' to the client?
By managing costs effectively to meet budget requirements.
What does it mean to rate satisfaction on a scale of 1 to 4 for the competitiveness of the supplier's pricing?
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How does transparency in cost buildup contribute to determining 'best value' delivery?
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