The Procurement Strategy Flowchart
Decisions...decisions.
Not sure where to start with your latest purchasing initiative? Or how to streamline your purchasing processes to optimize the outcome AND ensure transparency? Our Strategy Flowchart can help with that.
Developed by RTPS as a simple guideline to understanding your options and requirements in a myriad of situations, our flowchart offers a few common purchasing scenarios and, based on the size of the undertaking, highlights the best route to follow to ensure you achieve your desired result.
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Good Deal / Bad Deal ?
What is it? These quick videos can help you decide.
Good Deal/Bad Deal #1
Good Deal/Bad Deal #2
Good Deal/Bad Deal #3.
Terms to Know
Knowledge is power.
TtK #1 - Price vs. Cost
TtK #2 - Procurement vs Purchasing
TtK #3 - RFI vs RFP vs RFQ
TtK #4 - Value for Money
TtK #5 - Sole Sourcing
TtK #6 - Supplier Partner
Partnership Development
Most successful ventures start with a strong partnership.
The Pitch for Partnership Development #1
The Pitch for Partnership Development #2
The Pitch for Partnership Development #3.
Procurement Mythbusting
A video series designed to help dispell some common misconceptions about the procurement process.
Mythbusters Series Introduction
Myth #1 - I must always get three quotes
Myth #2 - RFP's don't benefit my organization beyond "checking a box".
Myth #3 - Participating in Group Buying programs means I have to sacrifice my unique preferences.
Myth #4 - I must always select the lowest price option.
Myth #5 - I must go to market every few years
Myth #6 - If I go to market, I must use an RFP
Bloopers! Always funny!