Vendor Selection & RFP Development Prompt
Prompt
Our [PASTE: client]] is seeking [PASTE: number]] BPO vendors for [PASTE: process]] and needs a rigorous selection approach. Create a vendor selection framework. Include: (1) RFP development – what should RFP ask? Technical capabilities, pricing, experience, service levels? (2) Vendor pipeline – which vendors are qualified? (3) Evaluation criteria – how do you compare proposals? Price, capability, experience, references? (4) Reference checks – how do you validate claims? (5) Negotiation strategy – starting position? Non-negotiables? (6) Recommendation – how do you select? Include sample RFP outline and vendor evaluation matrix. Make selection transparent.
Why it works
Vendor selection is make-or-break. Rigorous evaluation reduces regrets.
Watch out for
Lowest price often leads to problems. Evaluate holistically.
Used by
ExecutivesFinance Teams