VENDOR SELECTION LoBue's approach to managing the process of vendor selection in the client firm THE NEED   The task of selecting the best vendor can be both critical and time consuming. People are often drafted for this project in addition to their normal duties and without specific training to this end. As a result of time pressures, inadequate training and insufficient resources, less than optimal decisions are made with the best of intentions. The ramification of these decisions both in terms of unnecessary processing complexities and expenses are felt by the firm long into the future. THE SOLUTION   LoBue works with our client from need assessment through to vendor selection including the following: Needs Assessment including current problems and issues and desired benefits RFP Development including requirements, vendor criteria and risk analysis Vendor Evaluation in light of requirements and criteria developed above Vendor Selection including demonstrations and final selection THE RESULTS   The vendor selection process is managed from inception to selection in an effective manner according to a detailed project plan. The final selection is both expedited and optimized through the use of an objective third party with both the time and skills required for this effort.
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