Assign 3 week 6 bid strategy

Assign 3 week 6 bid strategy

Summary of RFP

Request for proposal (RFP) is procurement and purchasing instrument which enables the buying organizations to plead for products and services. These are of high quality to the prices which are most favorable. This is done by selecting a certain process of bidding. This can be done through competitive bidding. The organizations issued with RFPs in order to avoid lengthy price negotiations which are helpful in supply of goods and services. These RFPs also applied in order to achieve contractual relationships and develop partnership between supplying agencies and buying parties. These help in sharing mutual benefits and adding value to the company. In this paper, we are using the RFP for the transport management services as mentioned in the previous assignments were Red Star. Therefore, it is necessary that the product services qualities should be in comparison but better to the cost. This takes into account by the competitive nature which is diverse for the procurement environment. Therefore, it is necessary in this case that a reasonable RFP should be formed which demonstrates flexibility, defines the service boundaries, state discrete conditions and mentions the criteria which can be used to establish bidding relationship. An RFP must also be self explanatory and explicit when sourcing for technology companies, which are complex, in nature. It must also define the scope of relationships in detail by carefully monitoring them and using strategies. Transport management services strategy provides general specifications, which leave the, response formats which are of absolute choice for the suppliers so that the stated request made approved by all the suppliers. They can express their distinct characters through creating innovative and inventive standards. RFPs also enable both large scale and small scale organizations to purchase products and services by using the benefits of price transparency (Robinson, Leithe, 2000). Therefore, these RFPs can be used to utilize directly or indirectly by inducing competition among suppliers. Buying organizations can use RFPs in order to obtain process reduction and get discount without negotiating with the suppliers. RFPS also enable organizations to discover the opportunities in order to develop business to business relationships. The use of RFPs in organization helps to specify procurement requirements, which are viewed, as the best practices linked with the cost involved in doing business. For seeking specific price per unit of the items, the RFQ helps in defining the descriptive details which are best in case of quality, quantity, skills and competencies. The RFPs are an urgent component in successful project management as clearly defined deliverables associated with the project and defines a framework for implementation. Ideally, RFPs stipulate the requirements of the company you are buying and the conditions under which they hire, so that an RFP should contain:

Specification of the product or service required, in as much detail as possible

Information required being the offered, as the value, people who lead the project, assume responsibilities, a timeline, and experience of the company in the area, ...