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hello and welcome to revision tips for six level three advanced certificate in procurement and supply operations this is module three contract administration and weamp;#39;re looking at learning outcome 3 which is to know the effective tendering weamp;#39;re going to cover things like identifying the initial actions and processes associated with tendering the process documentation and associated content evaluation and acceptance processes and the regulations that can impact on procurement so letamp;#39;s recap on what weamp;#39;ve seen before just to remind you of the five rights of procurement our job is to get the right quantity in the right quality at the right time turn from the right place at the right price where quantity is concerned too little could result in productions to the line stopping and too much increases the storage costs quality inferior quality could halt production superior quality increases the cost time products and services need to be delivered when the orga
