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Supplier Selection

TITLE:Supplier Selection
COURSE DESIGNATION:Phase I – Strategic Sourcing
CERTIFICATE PROGRAM:Strategic Sourcing Curriculum
CREDIT HOURS:4
 
DESCRIPTION: This course provides an understanding of tools to select to select the best suppliers.
OBJECTIVES: In this lesson, you will learn how to select suppliers that provide your organization with the best value.
At the end of this lesson you will be able to:
  • Initiate and manage the RFP process
  • Identify critical stakeholders requirements
  • Understand the importance of an effective RFP
  • Recognize methods to evaluate RFP responses
  • Use the scorecard method to support supplier selection
  • Outline a service level agreement
 
Syllabus
  • Definition
  • RFP Functions
  • RFP Organization
  • Steps in Preparing an RFP
  • Evaluating the Response
  • End Notes