..... procure a

service?

Solution: A Request for Proposals/Invitation for Bids

For complex services (such as IT services), a Request for Proposals (RFP) is the typical approach. For a less complex service (such as HVAC services), an Invitation for Bids (IFB) can be a cost-effective solution.

..... procure a commodity?

Solution: An Invitation for Bids

With tight specifications, an Invitation for Bids (IFB) is used to identify the lowest-cost vendor.

.... conduct market research?

Solution: A Request for Information

When looking to procure a service or commodity for the first time, or needing to develop a list of potential bidders, a Request for Information (RFI) can be used to develop requirements and/or specifications, or a targeted source list of vendors.

...train your procurement staff?

Solution: A customized training program.

Whether you are looking for a complete training program for new or existing procurement staff, or just interested in training on a specific topic, The RFP Team can put together a customized and effective training program.

...conduct a Vendor Responsibility  Review?

Solution: An independent review to identify any potential red flags.

The RFP Team can conduct a Vendor Responsibility Review of a current or potential vendor (before contract award) to identify any potential red flags that may in turn indicate a potential future problem.

...diversify your Supply Chain?

Solution: A review of of your organizations Supply Chain.

Recent events show that an organization's supply chain can be disrupted when least expected and with catastrophic results. The RFP Team can review your supply chains, including different Tiers, and identify potential threats as well as mitigation strategies.