Lesson 1: Why the cheapest bid is not always the best value · 7 min
Before you begin · Amara at Harbour Logistics buys 200 chairs. The lowest bid is cheaper, but the chairs cannot be repaired · What matters here?
Learners prepare on their own, you answer questions live, and the surveys tell you what stuck. 12 fields to fill in with your own policy, contacts and locations; each one is highlighted inside the course.
What learners can do at the end of each lesson. Minutes are an estimate.
Before you begin · Amara at Harbour Logistics buys 200 chairs. The lowest bid is cheaper, but the chairs cannot be repaired · What matters here?
Definition · Value for money · Principles
Green and social criteria · Criteria or label? · Check
Two bids · Unclear label · Fairness
Checklist · Supplier risk
Next steps · Practice