Evaluating and Selecting suppliers

The evaluation and selection of a new product is a high risk process. Errors made at this stage usually lead to significant cost and time over-runs not only in the procurement process itself but also in the subsequent implementation project.

 

In many cases, the failure of an implementation project can be traced back to an error or omission during the procurement process.

 

Procurement projects have their own unique issues for the project manager. Decision making on such a large scale attracts a lot of politics, emotions and the vendor’s sales representatives must be managed.

 

A strong and transparent procurement process is critical to ensure a successful procurement decision which will not be subjected to second-guessing and the possible repetition of the process.

PTI brings to the table a set of documented and proven processes to evaluate and procure a technology solution enabling clients to benefit from previous successful procurements.

Benefits:

PTI's proven process provides the following benefits:

 

Ø      The correct solution is selected

Ø      The project manager does not invest time in creating a process

Ø       The process is perceived by all parties as objective and fair

Ø      All project stakeholders buy in to the decision

Ø      It sets the stage for a successful implementation project

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Stages of a Procurement Process