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Buyers Meeting Point is home to two blogs: The Point is written by BMP's Kelly Barner and a diverse group of guest contributors. MyPurchasingCenter was acquired by BMP in 2020 we now showcase their content archive on BMP.

Recommended Webinars March 30-April 3: AI and Legal Efficiency, the Power of the RFP, and Shift Happens!

This week and last week were incredibly busy, quickly filling up with COVID-19 webinars and in-person events going personal. Now that we’ve gotten through the initial blast, it looks like things may be slowing down for the month of April. I’ll continue updating the calendar weekly, adding events as I learn about them.

If you are planning your schedule further ahead, I recommend, How to Quarantine Your 3rd Party Relationships (IACCM, Determine) on April 7th at 11am ET.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Why Your RFP Responses are Failing

From buyers to suppliers, everyone knows that the Request for Proposal (RFP) process is… less than ideal. At the same time, it is often central to the procurement process, so sales teams everywhere should be prepared to put their best foot forward when responding.

I’ve run plenty of sourcing initiatives that included an RFP and have seen responses range from good to bad to “why on earth would you submit this?” levels of ugly. In this article, I will point out some of the bigger issues I see that keep otherwise best-in-class suppliers from winning the business they bid on.

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Recommended Webinars October 15-19: Common RFP Pitfalls and Connecting End-Customer Demand

This is a ‘sleepy’ week on the BMP events calendar, but don’t worry! If you had something else in mind, there are already 7 webinars on the calendar for next week.

If you’re looking to plan your webinar schedule beyond this week, I recommend ‘Are you really MANAGING Procurement? (Or Does Stuff Just Happen…)’ on October 23rd from Per Angusta, Peter Smith (Spend Matters UK/EU), and Glen Lovett, Head of Group Procurement at FirstGroup.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Best Procurement and Supply Chain Webinars 9/12 - 16

After a drought last week, webinars are back with a vengeance! There are 9 this week and 12 already scheduled for next week. Having so many events to choose from doesn’t necessarily make it easy to pick just a few to recommend, but it does ensure that if you make the time you will learn something new. Click on the title of each event below to view the full description and register or visit the BMP events calendar to see what’s on tap for the rest of the month.

 

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Book Review: The Art of Creating a Quality RFP

“When you prepare an RFP, your goal is to elicit responses that meet all of your requirements so that you can move efficiently to awarding the contract and implementing the systems you need. But only a quality RFP will get quality responses. Not surprisingly, bad RFPs bring in bad responses.” (p. 13)

 

The Art of Creating a Quality RFP (PSM Advantage, 2014) serves as a valid reminder that if we don’t approach every task we undertake as valuable, we deprive ourselves of the opportunity to do our best work before we have even begun. This book, written by career practitioners and consultants George Borden and Steve Jeffery, captures the ups and downs of decades in procurement. By focusing almost exclusively on the Request for Proposal (RFP) they are able to achieve clarity of purpose and message and cover a lot of ground in a compact book.

 

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