Vendor selection is politically charged, time consuming, and resource intensive. Selecting the right vendor goes beyond product and price; balancing cost and satisfaction is a crucial balance that’s difficult to achieve. This blueprint will help you formalize your process and select the best candidate every time by following our three-phase methodology:

  1. Establish and Formalize Process
  2. Gather Requirements and Write RFx
  3. Evaluate and Select Vendor

Having the right tools in place is critical – this will ensure your selection can stay as objective as possible, and help to balance cost vs. quality to select the right solution.

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Implement a Proactive and Consistent Vendor Selection Process

Formalize your process to eliminate bias and maximize value.

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