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Content of bidding results - Mode of cooperation
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Bidding result： The final results reflect only a bid of cooperation. Procurement to complete the supplier evaluation, negotiation and other series of work, the ultimate determining factor in the price, the transfer of our implementation of the auction and the last number of our cost-saving effect, as reflected in the final.
| 1. Project accepted, legal contract. |
| 2. Set up both project teams. |
| 3. Procurement side: |
3.1 Completion of suppliers, technical evaluation, etc., so that prices become the final decision for supplier selection factors; |
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3.2 Provide supplier bidding process, quotation and contact
information; |
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3.3 Notify the supplier by the Ygl solely responsible for the follow-up procurement; |
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3.4 Confidentiality, tender to bid rejection. |
| 4. Ygl iBay side: |
4.1 Monitoring bidding process and suppliers discussion; |
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4.2 Template; |
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4.3 Develop implementation strategies; |
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4.4 Strategy implementation and align. |
| 5. Carry out bidding event. Opinions provided by decision of the procurement. We provide bidding progress and advice during the bidding. |
| 6. Bidding result presented. Contract between supplier, buyer and Ygl iBay. |
| 7. Distributes saving money by contract. |
| 8. Project end. |
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Content of bidding results – Pricing mode
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