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Strategic Sourcing
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Competitive Bidding & Supplier Selection
Competitive bids are used to evaluate and select suppliers that meet business needs and align with the organization's strategy. This course covers the competitive bidding process, bid types, and supplier evaluation and selection approaches.
Course Includes:
- 2 Modules
- 5 Learning Activities
- 8 Checkpoints
- 1 Practice Point
- 2 Quizzes
- 4 Downloadable, Fillable Templates
- 3 Downloadable, Completed Examples
- 1 Downloadable, Practice Point Exercise
- 1 Downloadable, Practice Point Modules Answers
Course Modules:
Module summary:
- Explains the differences between EOI, RFI, RFT, RFQ, RFP, e-Auction and e-Sourcing
- Explains why to use, when to use and when not to use competitive bids
- Details the reasons for using an EOI and RFI
- Explains the different uses of RFT, RFQ, RFP, e-Auction and e-Sourcing
- Introduces and shows how to use the competitive bid process
Module lesson titles:
- Introduction to competitive bids
- RFI and EOI
- RFT, RFQ, RFP e-Auction and e-Sourcing
- The competitive bid process
Module summary:
- Builds understanding of the importance of the supplier evaluation and selection process
- Details the supplier evaluation and selection process
- Shows how to build a supplier evaluation and selection scorecard from business needs
- Explains how to confidently use a scorecard to evaluate and select suppliers
Module lesson titles:
- Supplier evaluation and selection
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The options available for this course are below:
2 Months - $30.00
4 Months - $48.00
6 Months - $60.00 (Best Value)
Competitive Bidding & Supplier Selection (Single Course)
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