RFPs Are Slow: The Hidden Cost for PBM Procurement
Request for Proposals (RFPs) are slow because they were built for a different kind of procurement environment. For health plans, coalitions, unions, specialty pharmacies, employer…
Guides and insights that make procurement make sense, cut proposal waste, and help buyers and suppliers move faster, for novices and experts.
Request for Proposals (RFPs) are slow because they were built for a different kind of procurement environment. For health plans, coalitions, unions, specialty pharmacies, employer…
Comparing PBMs should not be as difficult as it often is. Pharmacy Benefit Managers play a critical role in prescription drug benefits. They support pricing…
PPBM RFP challenges are rarely simple writing problems. For Pharmacy Benefit Managers, proposal work sits at the intersection of sales, legal, finance, clinical operations, network…
PBM procurement is often described as a sourcing problem. Employers, brokers, consultants, and procurement teams need to find the right Pharmacy Benefit Manager, issue an…
Procurement teams are often asked to move faster while still making careful, informed decisions. That is not always easy with traditional procurement methods. RFPs, RFIs,…
Shift from traditional buyer initiated requests to vendor initiated Proposals for Requestors (PfRs) represents a significant shift in procurement practices. Successful transition requires careful planning,…
Adopting Proposals for Requestors (PfRs) can help organizations gain more flexibility and speed when seeking out products and services. A considered approach to implementation ensures…
Many organizations rely on Requests for Proposals (RFPs), Requests for Information (RFIs), and Requests for Quotations (RFQs) to manage their procurement activities. While these methods…
Every organization purchases goods and services. A structured procurement process ensures that these purchases support the organization’s goals, whether the company is small or large….
Organizations have several procurement methods to choose from, including Requests for Proposals (RFPs), Requests for Information (RFIs), Requests for Quotations (RFQs), and Proposals for Requestors…