Soliciting and evaluating quality-based bids.

Abstract

This example clearly indicates that the further application of this methodology within the hospital industry is both useful and beneficial: useful as an aid in selecting the best product, and beneficial to the hospital and consumers because, in many cases, it may serve to lower the costs associated with the procurement of these products. Although the methodology itself is quite simple to use, the impact of this methodology can be far reaching. This experience also further supports the need for the adaptation of techniques within the hospital industry from other fields and from other industries.