A participant in a competitive market event whose offer is not accepted for reasons of price, quality, service or some other factor. Typically, unsuccessful bidders seek feedback in the form of a debriefing, in order to understand how they can be more competitive in future.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.