Vendor Evaluation and Selection
Vendor selection and vendor evaluation efforts can range from very
complex, detailed efforts to high-level, more simplistic efforts.
Our professionals have decades of experience across the continuum of
vendor evaluation and vendor selection efforts.
Our approach to these services leverages our experience with prior
systems selection and integration efforts, process improvement, and our
knowledge of a wide array of solutions across a variety of industries.
It provides our clients with confidence that our conclusions and
recommendations will be determined using a systematic and unbiased
process.
Our approach to a detailed, thorough vendor evaluation and selection
effort takes into account the following activities. Our
professionals can tailor this approach to meet your specific needs.
- Project Start-Up
- Define High-Level Process Flows
- Define High-Level
Requirements
- Develop a "Long List" of Candidate Solutions
- Perform
Initial Solution Screening and Define a Short List of Candidate
Solutions
- Develop and Submit a Request for Proposal (RFP)
- Evaluate RFP
Responses, "Vanilla" Product Demonstrations, and Confirm Semi-Finalists
- Prepare for and Conduct Scripted Demonstrations Conduct Reference Checks
- Present Semi-Finalist Assessment and Confirm Finalist
- Define High-Level
Integration Timeline
- Support Vendor Contract Negotiations
Throughout the effort, our professionals will manage the overall
scope of the project, identifying and resolving project issues,
reporting project status, tracking against the project plan and budget,
and managing changes in project scope, budget, and/or duration.
For more information on our project management services, please visit
our Project, Program, and Portfolio Management page.
Regardless of whether you decide to take a detailed, thorough
approach as defined above or an abbreviated approach, you can be assured
that our professionals will support you and your goals in an efficient
and cost-effective manner in your vendor selection and vendor
evaluation.