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Still comparing vendor bids in Excel?
One wrong comparison can cost your company in lakhs & even more In this reel, I’m showing how purchase teams build robust AI prompts for bid evaluation. This prompt exists to compare multiple vendor bids apple-to-apple, separate price from capability and risk perspectives. It evaluates bids only as per the RFQ format, flags anomalies, normalises costs, and ranks vendors — cost, capability, and risk separately. Inputs are simple: BOM technology, volume, currency, and so on. Ou
Arvind Dang
6 days ago1 min read
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