Sourcing Magazine presents a checklist of useful tips that help you create and implement an effective RFP. This checklist is less about what the template looks like, but rather about, as Sourcing Magazine describes:
In this article we review how an RFP should facilitate the competitive procurement process, identify areas in which many RFPs fall short, and suggest ways in which the typical RFP could be improved in order to mitigate these issues. We will use the following principle goals of a competitive procurement as a framework for the review:
- To effectively create the competitive environment
- To clearly define the service being procured
- To enable the objective evaluation of vendor responses
- To harness the competitive environment to achieve the optimal terms, conditions, and pricing for the enterprise
Full Article: Sourcing Magazine
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