Question

What are the advantages of supplier pre-qualification

Answer 1

Explanation:

1. Benefits of Prequalification of Suppliers. Ease in the selection of capable suppliers/vendors/contractors. Timely selection of suppliers/vendors/contractors. Reduce costs relative to the prolonged process of selection of suppliers/vendors /contractors.

Answer 2

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$Benefits \: of \: Supplier \\ \: Pre - Qualification \: \\ ---> \\ Provide \: an \: early \: indication \\ of \: players \: in \: the \: market \: \\ with \: the \: potential \: capability \\ and \: capacity \: to \: satisfy \: the \: \\ requirements \: of \: a \: category \\ of \: procurement \: activity....$

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