Vendor selection process: Reduce stress with these pro tips
Undoubtedly, one of the most challenging parts of running a successful request for proposal (RFP) is the vendor selection process. After all, selecting a vendor - not just any vend...
Tag: issuing RFPs
The RFQ: A request for quotation how-to guide with template
A request for quotation (RFQ) is just one of many helpful RFX documents that helps businesses exchange information. It’s a key part of any well-rounded procurement toolkit. Indee...
Strategic sourcing manager: procurement role on the rise
For strategic sourcing managers, procurement is about more than simply finding the lowest price. It’s about seeing the big picture. It's what makes this position unique. Indeed, ...
The best request for proposal (RFP) questions to ask vendors
Crafting a successful request for proposal (RFP) takes time, research and practice. But, most importantly, it requires you to ask the right RFP questions.
To figure out what you...
The top 23 procurement technology tools for 2023
When it comes to procurement, the last few years have seen an incredible amount of technology innovation and adoption. As procurement technology becomes more specialized and effici...
How to use a supplier scorecard: Guide, examples and best practices
For procurement professionals, the job isn’t over when the contract is signed. In fact, it’s really just begun. Building vendor relationships is a key skill and managing vendor...
How to write a proposal rejection letter to a vendor
Breaking bad news is never fun and no one likes rejection. However, for procurement professionals, it’s part of the job. Indeed, for most RFPs and contracts, there can only be on...
RFP360 named a Value and Customer Leader – Spend Matters Fall 2022
RFP360 Named a Value Leader and Customer Leader in Sourcing on Spend Matters’ Fall 2022 SolutionMap
LEAWOOD, Kan. — November 17, 2022 — RFP360, the leading provider ...
What is a procurement manager? Role, responsibilities, challenges and resources
Being a procurement manager isn’t always easy. But the role is uniquely rewarding, always interesting and crucial to a business’s success. Indeed, as global economic conditions...
Investment committee guide: Duties, best practices and resources
Investment committee members bear a tremendous responsibility. Indeed, their actions can directly impact the individual members, participants and beneficiaries they represent. Boun...
Agile procurement vs. traditional procurement
This guest blog, exploring agile procurement and traditional procurement approaches, was written and contributed by technology expert Jenn Fulmer of TechnologyAdvice.
Many suppl...
How to write a business requirements document: Template, examples, tips
A business requirement document (BRD) is like a blueprint for a new project or partnership — you can see the plan and imagine the final results at a glance. Indeed, a BRD communi...
