Implement a Proactive and Consistent Vendor Selection Process

Formalize your process to eliminate bias and maximize value.


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Your Challenge

  • Vendor selection is politically charged, requiring Procurement to navigate around stakeholder biases and existing relationships.
  • The process is time consuming and often started too late. In the absence of clarity around requirements, it is easy to default to looking at price instead of best fit.

Our Advice

Critical Insight

  • Rooting out bias is essential. Establishing a robust, ruthless, but reasonable process is vital to making unbiased vendor selections.
  • Price comes last, requirements come first. Spend time up front to make sure that your key requirements are complete before proceeding with vendor selection.
  • Differentiate business needs from wants. Comparing proposals against each other leads to confusion. Features matter – just not all of them. Matching solution capability to organizational needs matters more. Know your true minimum mandatory requirements vs. nice-to-have features, and compare proposals against your RFP instead of against each other.
  • Price is not cost. Calculate TCO when considering internal and external cost.

Impact and Result

  • Design a procurement process that is robust, ruthless, and reasonable.
  • Take control of vendor communications: set and enforce clear guidelines around contact.
  • Gather a solid set of requirements and make sure they remain the primary focus.

  • Implement a Proactive and Consistent Vendor Selection Process

    Start here – read the Executive Brief

    Read our concise Executive Brief to find out why you should optimize your vendor selection process, review Info-Tech’s methodology, and understand the four ways we can support you in completing this project.


    Establish and formalize process

    Map your current vendor selection process, identify gaps, and then amend and document the process.


    Gather requirements and write RFx

    Begin a specific vendor selection by writing a project plan, then gathering and prioritizing requirements. Next, select, write, and publish your RFx.

    Onsite Workshop

    Book Your Workshop

    Onsite workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost onsite delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.

    Module 1: Establish Vendor Selection Process

    The Purpose

    • Document and refine your vendor selection process.

    Key Benefits Achieved

    • Formalized vendor selection process.



    Map current process.

    • Documented current vendor selection process


    Identify gaps in current process.

    • Gap analysis of current vendor selection process


    Amend and document process.

    • Formalized and amended process

    Module 2: Gather Requirements

    The Purpose

    • Write a project plan and gather requirements.

    Key Benefits Achieved

    • Gathered and prioritized requirements.
    • A clear project plan.



    Write a project plan.

    • Proposal Evaluation Tool


    Gather and prioritize requirements.


    Write your scenario and use cases.

    • Scenario Template

    Module 3: Write and Assemble RFx Package

    The Purpose

    • Learn about different RFx options and draft a successful RFx package.

    Key Benefits Achieved

    • Complete RFx package.



    Review different RFx options.


    Draft RFx.

    • RFx package


    Make a plan for soliciting feedback and publishing the RFx.

    Module 4: Perform Due Diligence

    The Purpose

    • Perform due diligence on candidate vendors.

    Key Benefits Achieved

    • Crucial information and data points gathered about candidate vendors
    • Due diligence completed.



    Customize a vendor reference script.


    Reference Script Template


    Review the due diligence checklist and key activities.

    • Due Diligence Checklist

    Module 5: Evaluate Candidate Solutions

    The Purpose

    • Evaluate your vendor proposals.

    Key Benefits Achieved

    • A selected vendor to recommend to management with a formal presentation.



    Calculate TCO.

    • TCO Calculator


    Evaluator’s Guidebook

    • RFP Vendor Response Template


    Prepare final evaluation.

    • Proposal Evaluation Tool or Pugh Matrix


    Prepare presentation for management.

    • Vendor Recommendation Presentation