Browsing All posts tagged under »vendor selection«

RFP’s – Vendor Selection – Scoring

August 8, 2010 by

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In a Request For Proposal selection process or project a flexibility, well defined rubric  is critical.  That rubric is  more commonly known as score sheets, scales and weights.  The best practice is to define that rubric prior to issuing the RFP – the selection committee needs to know 1) what they are selected and 2)… [Read more…]

Request For Quotation (RFQ)

July 27, 2010 by

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A Request For Quotation is a seller selection process where the buyer knows what they need and specifies quantity, terms, even target price.  It is a companion, complimentary seller/vendor selection tool to the Request For Proposal.  You might use a RFQ at your work place and not even realize it.  For example purchasing 100 copies… [Read more…]

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