MAGIC Logistics (LO)
LO Strategic Sourcing and Bid Types
Strategic sourcing is a procurement process that continuously improves and re-evaluates the purchasing activities of the State. MAGIC utilizes the Supplier Relationship Management (SRM) module to accomplish Strategic Sourcing. Competitive procurements, such as Invitation for Bids (IFBD) and Requests for Proposals (RFPR), are called RFxs. MAGIC allows agencies to create and post RFxs, receive supplier responses, and award procurement opportunities electronically. |
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Bid Types |
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MAGIC offers a variety of bid types to accommodate different business processes: |
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IFBD – Invitation for Bid LOCG – Letter of Configuration MSDA – MDA RFx NBID - Negotiated Bid NEGC – Negotiated Contract OVAR – Oversight Approval Request OVEX – Oversight Exempt PREQ – Procurement Request RFIN – Request for Information RFPR – Request for Proposal RFQF – Request for Quote Formal RFQI – Request for Quote Informal |