Vendor Selection and Tender Process Management

The Procurement Cycle

• Procurement key principles
• Understand the various stages and key steps of procurement
• Formulating the procurement strategy
• Alignment of strategic goals with procurement goals
• Identification of key stakeholders in the procurement process

Analysing the business needs and requirements

• Needs recognition
• Gathering requirements
• Identification of specific needs
• Developing the specific statement of requirements
• Essential elements of the scope of work

Defining the sourcing options

• Developing the Approved Supplier List
• Implementing a robust and viable supplier assessment
• Setting the assessment criteria
• Supplier qualification screening process
• Determining the selection and award criteria

The Tendering and Solicitation Process

• The various stages of the tender procurement process from notice to award
• The tendering documents and their specific meanings – PIN, EOI, PQQ, RFI, ITT/ RFP/RFQ
• Developing tender and evaluation criteria
• Developing the award criteria
• Managing the complete process

Selection, Negotiation and Contract Award

• Tender opening and the legal process
• Managing the evaluation
• Presentations, interviews and visits
• Tender Negotiations
• Contract award procedures