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Supplier Evaluation and Vendor Selection

Supplier Evaluation and Vendor SelectionRetail Acumen will act as your independent advisors in any supplier evaluation or vendor selection exercise.

These days many of the recommendations that lead to business change require the procurement of software or other specialist services.

At Retail Acumen we can support you in the end to end process of procuring this kind of product or service. Our team of trusted experts have had hands-on experience in other retailers of software selection, systems selection and other services procurement so they can help you through what can be a lengthy and involved process.

Right at the start we can help you create the initial business case to get approval to proceed with the process.

Once you have the necessary approval to go forward we can help you create request for information (RFI) documentation, to find out what capability suppliers have and compare that back to what you are looking for. We can work with you to then shortlist the best suppliers, those that are the closest match to your requirements and selection criteria.

These suppliers would then receive request for proposal (RFP) or invitation to tender (ITT) documentation, and we can even help you pull all of that together.

Additionally, once you have made the shortlisted supplier selection and issued RFP / ITT documents you need to know how to then measure them.

Retail Acumen can assist you in the supplier evaluation process - including designing questionnaires, facilitating presentations, meetings and workshops, arranging customer reference visits and developing scorecard methods to record the outcomes - all to enable you to separate 'the wheat from the chaff' and reach a point where you can select the best supplier to work with your business.

For more information about the services offered to support supplier evaluation and vendor selection please feel free to contact us.
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