Special thanks to Source One Management Services for this guest post Don’t miss updates on Procurement & Supply Chain, Subscribe here! Overhead expenses, including telecom costs, can slow or completely sabotage your business success if left unmanaged. You don’t need to fall victim to escalating overhead. Instead practice efficient and pro-active management by preparing a detailed Request for Proposal (RFP). It’s true…
I member recently asked me: “When including your standard terms and conditions in your RFP, how flexible should you be with considering supplier exceptions to those terms and conditions?” Don’t miss updates on Procurement & Supply Chain, Subscribe here! Well, my answer to this question is similar to my answer to many procurement questions I am asked: “It depends.” It…
You simply can’t escape it – Pokémon Go is a giant phenomenon! First, let me be upfront with you. I have not played the game and I really don’t know much about Pokémon other than Pikachu. That being said I, like most of you, have been surrounded by those playing it just about everywhere I go. Don’t miss updates on Procurement & Supply Chain, Subscribe…
I hope that you have enjoyed the article “RFP Requirements For Strategic Purchases.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! One of the things that I suggested in the article was to require suppliers to bid in total conformance with the RFP requirements, but to also give them the opportunity to submit cost savings and value creating…
Do you know what suppliers fear the most about writing proposals for you? Do you know what they assume will happen if they give you a proposal that describes how they can help you minimize cost and maximize value? Don’t miss updates on Procurement & Supply Chain, Subscribe here! I believe that I do. They worry that they will invest…
Don’t miss updates on Procurement & Supply Chain, Subscribe here! As we teach in our online class, “Savings Strategy Development,” a best practice is to include your contract terms and conditions with your RFP/tender. This prevents delays later in the process and difficult negotiations with suppliers who feel they have already won your business. However, some suppliers may see…