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RIP, RFP — This Is Not Your 1990s Vendor Selection Process

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The RFP (request for proposal) is close to extinction. Let me explain why. Companies use the RFP process to show that they have: Established comprehensive requirements. Considered and reduced risk. An objective and transparent decision-making process. Makes sense, right? Yes. If we were managing outsourced cost optimization models circa the 1990s, the RFP would still […]

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