Selecting Vendors and RFP Drafting

The Requests for Proposal (RFP) is a great tool for buyers to find the best products and services at competitive prices. But if the potential provider/supplier misunderstands the parameters of your RFP, the proposal will most likely come back with solutions that don’t meet your objectives. All too often, buyers fail to create a good RFP by providing the supplier with the necessary information to submit a comprehensive offer. This may not only prevent buyers like you from getting the best solution and pricing package, but also lead to contractual problems later due to the RFP’s vagueness.

This session by industry expert Kenneth Jones will cover creating a vendor data base and creating a qualified vendor pool for an RFP. In addition, the program will cover ways to get better qualified vendors using an RFI and vendor responsibility review processes.  Samples of RFP terms, technical scoring and cost evaluation will be covered as well. Attendees who complete the program will leave with tools they can use the next time they are faced with creating a qualified vendor pool for an RFP.

Webinar Objectives

This webinar aims to provide valuable guidance and insights to procurement professionals and individuals involved in the Request for Proposal (RFP) process. We seek to enhance participants' understanding of how to effectively create a qualified vendor pool and develop and evaluate RFPs to achieve successful outcomes.

Webinar Highlights

• How to solicit and select qualified Vendors
  • How to create a vendor data base
  • How to create a qualified vendor pool
  • How to cast a wide net

• How to ensure that the vendor stays compliant
  • Vendor Responsibility Reviews
  • Compliance Terms
  • Contract Management

• The RFP Process from drafting to awarding
  • Drafting the RFP & Scoring Matrix
  • Good Practices based on Examples
  • Making a Contract Award

Who Should Attend

Purchasing Agents, Contract Managers, Contract Officers, Finance Officers