When it comes to complex tasks under dynamic conditions, the buzzwords are automation and artificial intelligence (AI). Logistics involves many ...
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Tender
What is a Tender?
A tender is a formal proposal or request issued by a company, and sometimes government, to suppliers. Generally, the issuance of tender is a call for the suppliers to bid for the supply of a specific project, product or service.
The tender is mostly issued to get a project done at a reasonable cost and time frame possible. To ensure a smooth and fair competition among the bidders, the process of bidding is guided by law.
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