Vendor Selection Excel Plan Template




Get success for your company by effortless way of choosing best vendor. This template explains vendor evaluation plans in 22 high level steps.

Features - 

The vendor evaluation plans has the high level steps - 

  • Put together the selection team
  • Agree on the business KPI
  • Define the technical requirements
  • Define the requirements from the vendor
  • Define the grading process
  • Get Stakeholder confirmation
  • Compile a list of possible vendors
  • Make the first cut
  • Write an RFI document
  • Analyze the responses
  • Write an RFP document
  • Analyze the responses
  • Make the second cut
  • Request a POC from the vendors that made the cut
  • Compile a short list
  • Present the short list
  • Publish an RFQ
  • Selection
  • Contract negotiation
  • Sign the contract
  • Start the supplying process

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