Request for Proposal (RFP)
Posted: 12/20/2019 - 04:30
The Procurement as a Service (PaaS) model, which utilizes outsourced human talent, technology, and industry-specific knowledge to enhance or – in some cases for SMB companies – replace the buying process for companies is expected to grow from $5.4 billion in 2019 to $7.8 billion by 2024, according to new market research by MarketsandMarkets™.
Posted: 08/17/2019 - 12:43
Posted: 07/16/2019 - 03:59
“We all want this to be a success,” is a pretty common sentiment at the outset of a major RFP. When considering hardware for data center maintenance services, in many cases, the outcome can mean significant cost containment for the IT group and accolades all around for a job very well done. And let’s face it, it is not only a fiduciary duty to avoid over-paying a vendor (even the original equipment manufacturer) it can be flat-out galling to think that your company has been over-paying for YEARS. So, damn straight, you want this to be a success!
Posted: 12/27/2018 - 03:37
Though slight variations are inevitable, most procurement organizations follow a familiar process for selecting and implementing their tools. Generally, it looks something like this.
- They decide they need a new procurement solution.
- They conduct research and begin to engage with appealing providers.
- They create and distribute an RFP.
- They score the RFP responses to narrow things down.
Posted: 12/26/2018 - 01:20
Most companies use well-known and standard competitive bidding methods to pick suppliers. The most common is the Request for Proposal (RFP). However, in many cases, a conventional RFP falls short of finding the right supplier. Why? Conventional RFPs don’t always ask the right sourcing questions and as a result generate wrong (or less than ideal) answers from suppliers.
Posted: 12/11/2018 - 04:15
Supply lines never look as vulnerable as they do when inclement weather strikes. At best, trucks face major delays as accidents and poor conditions make roads treacherous and, at worst, they suffer accidents of their own. Routinely, air carriers remain grounded while affected areas hunker down and airports close. Don’t think you’re safe even if you fall outside a storm’s high-impact area.
Posted: 11/14/2018 - 04:51
Posted: 10/06/2018 - 00:38
In Part I: Operational Review, the team identified what needed to be done and determined the optimal delivery model. In Part II: Strategic Sourcing, we will examine the strategic sourcing process, including:
- Supplier Pre-Qualification
- Bid Strategy
- Request for Proposal/Solution/Partner Development
Posted: 07/12/2018 - 06:11
Posted: 06/13/2018 - 01:45
Mobile phones have a long history from concept in the mid-20th Century – think comic strip detective Dick Tracy and the 2-way wrist radio in the 1950s through the fictional spy Maxwell Smart’s “shoe phone” in the 1960s, to the