When is outsourcing a good idea? Managers need to decide and there are a few things that they need to consider to make that decision.
How a company will choose a supplier is one of the most basic functions in purchasing. Don’t waste your time – find out the best tips here!
The Request for Quotation or RFQ is used for contacting suppliers for specific quotes on products of services you require. Find out more here. Purchasing decisions.
RequestforProposal – RFP. A brief outline on what a request for proposal (RFP) should include and what your expected result should be. Link for Ideas.
Often referred to RFIs in purchasing, these Requests For Information are a vital initial step in shortlisting potential vendors. You may already have some in mind who you prefer, however it is important to understand your options.