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