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The Essential RFx Bidding Methods

Posted: 12/26/2018 - 01:20
Author: Kate Vitasek
Most companies use well-known and standard competitive bidding methods to pick suppliers. The most common is the Request for Proposal (RFP). However, in many cases, a conventional RFP falls short of finding the right supplier. Why? Conventional RFPs don’t always ask the right sourcing questions and as a result generate wrong (or less than ideal) answers from suppliers.   
 

Bridging the Strategy-to-Execution Gap

Posted: 01/27/2018 - 01:01
Author: Tracy Currie

Outsourcing decisions often come down to a relatively simple cost-driven Return on Investment (ROI) calculation: how much will the cost change in each scenario and how quickly can that investment be recovered? 

On the surface, this purely economic approach seems appropriate enough. After all, economics are certainly important. But over-reliance on purely financial-driven outsourcing decisions is one of the biggest causes of the “strategy-to-execution gap,” namely the distance between a company’s business strategies and its ability to execute on them. 

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