PBM

Competitive procurement requires work. Requestors need enough information to compare vendors responsibly, and vendors should expect to invest time demonstrating why their offerings deserve consideration….

The Rapid Request Proposal for Requestors (PfR) marketplace is a proposal-first procurement model in which vendors maintain structured offerings that qualified requestors can discover and…

A Proposal for Requestors (PfR) and a Request for Proposal (RFP) offer two different ways to approach procurement. An RFP begins when a requestor has…

A Proposal for Requestors (PfRs) is a structured, reusable vendor proposal that allows qualified requestors to discover and compare vendor offerings before issuing a traditional…

Most marketplaces work in a familiar direction. Sellers make their offerings visible. Buyers explore what is available, compare alternatives, narrow their options, and then engage…

Competition is one of the most powerful forces in procurement. It gives requestors alternatives, encourages vendors to differentiate their offerings, creates pressure around pricing and…

Procurement technology has become very good at making Request for Proposals (RFPs) faster. Digital platforms can distribute questions, collect responses, manage deadlines, coordinate evaluators, and…

The Request for Proposal (RFP) has survived an extraordinary amount of technological change. Procurement professionals once distributed requirements on paper. Vendors prepared physical proposal packages….

Selecting a Pharmacy Benefit Manager (PBM) has always been an important decision. PBMs influence prescription drug access, pharmacy networks, clinical programs, specialty pharmacy strategies, and…

For years, procurement technology has primarily helped organizations manage procurement more efficiently. Documents moved from filing cabinets to shared drives. Email accelerated communication. Online portals…