Todays post is from Ron Southard, CEO at SafeSourcing Inc. This post also includes input from the many talented teammates I work with every day and my Whitepaper by the same title.
Every sourcing project is different, from the data you start with to the results you hope to achieve and how to get there in a way that delivers great results and great participation. Knowing where to start and the path to travel is key to achieving both of these goals.
The world of procurement is continually changing, and this includes the world of eProcurement when it comes to the request for information, a proposal, or a quote. The differences between the three requests, what expectations are when receiving the requests back, and how to make a sound business decision with what has been submitted are what separate each stage in giving procurement professionals the blueprint as to where to begin in the process.
While technology continues to evolve and have significant impact on the procurement space, is it bringing better results than the tried and true processes that have evolved but are seldom followed in their entirety. These processes have been in place for years. What are they, how to do them correctly and maximize your results, that is the real trick? If you cannot do them on your own, it may make sense to look to companies that can deliver them consistently in the form of white glove software as a service.
Tune back in tomorrow when we will explore the Request for Information or RFI?
If you’d like to learn more and can’t wait for the series conclusion, please contact a SafeSourcing Customer Services associate, they’d be thrilled to hear from you.