Why is it important to review the market for new suppliers,

Why is it important to review the market for new suppliers, or options, to fulfill a procurement need?What role does legal and regulatory compliance play in procurement?What criteria are used to evaluate bids? How are these criteria defined?Discussion question responses should be at least 200-300 words, referenced, and submitted by Thursday midnight. Reference the Required/Recommended reading materials or provide reference to a CSU-Global Library article of your choice.

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