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Procurement Playbook

How to Build an RFQ Evaluation Matrix That Procurement and Finance Both Trust

Build a weighted RFQ scoring framework that balances commercial terms, delivery certainty, and compliance.

Use weighted criteria by category. For strategic categories, quality and service continuity should outrank unit price.

Require evaluators to submit evidence notes for each score to reduce subjective decisions and future disputes.

Create an exception policy that documents why non-winning bids were rejected when trade-offs are made.

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