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: vendor evaluation
RFP weighted scoring demystified: How-to guide and examples
RFP weighted scoring reminds me of getting grades in school. Some papers and tests come back with an exact score like 96 out of 100 points. On the other hand, I often received more...
The guide to RFP scoring: Basics, best practices and tools
RFP scoring isn’t high on most people’s list of favorite pastimes. It’s understandable, because the process is often complex and time consuming. However, when it comes to fin...
How vendor profiles improve your sourcing process
There’s no doubt that communication is key to building successful vendor relationships. But heavy workloads and overflowing inboxes plague strategic sourcing professionals and RF...
With features like RFP pricing tables, RFP software offers real digital transformation
In the last few years, RFP issuers have embraced technology to improve their procurement processes. However, until recently, they have struggled to easily compare RFP pricing. To s...
7 questions to ask when selecting a vendor
Selecting a vendor is a serious decision. Many people who believe they’ve thoroughly vetted all options before making a selection later regret their choice.
(Learn how RFP360 ...
7 Unexpected Procurement Software Questions To Ask
Shopping for procurement software can be overwhelming. So before you get lost in a sea of requirements and endless stakeholder meetings, understand seven important (and less obviou...
RFP Dos and Don’ts: Improve Supplier Relationship Management
Want to know a secret? Sometimes, we don’t respond to requests for proposals (RFPs), and several of our customers have admitted they won’t either.
Why? Because sometimes, th...
5 Questions To Ask Before Issuing an RFP
5 questions to ask before issuing an RFP
While issuing requests for proposals (RFPs) will probably never be your favorite activity, with the right preparation, you can set yours...
Strategic Sourcing & Other Vendor Management Best Practices
Successful vendor management that leads to long-term, beneficial relationships starts with sourcing.
Unfortunately, many organizations rely on ineffective requests for proposals...
Why Consumers’ Purchasing Experience is Shaping Vendor Selection
Why Millennials' Amazon experience is shaping vendor selection
In this guest post, Procurement Leaders invite RFP360's Dave Hulsen to explore the effects of consumer online purc...
