PBM Procurement Is a Big Comparison Problem
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…
20 min
Procurement Field Reference
Guides and insights that make procurement make sense, cut proposal waste, and help buyers and suppliers move faster, for novices and experts.
4 Massive Benefits of PfRs: How Standardization and Speed Improve Procurement
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,…
7 min
RFPs to PfRs: Chart a Smarter Course for Procurement
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,…
5 min
Procurement Strategy: How to Implement PfRs Effectively
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…
3 min
4 Procurement Challenges with Traditional Processes
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…
4 min
A Strong Procurement Process: Why Every Business Needs One
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….
3 min
Choose PfRs: When They Beat Legacy Procurement Requests
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…
4 min
The Hidden Cost of RFPs, RFIs, and RFQs
Requests for Proposals (RFPs), Requests for Information (RFIs), and Requests for Quotations (RFQs) are well known tools in procurement. While they help buyers gather proposals,…
3 min
3 Procurement Types and Why PfRs Should Be the 4th
Procurement is the set of activities that organizations use to acquire goods and services from external sources. Whether a company is purchasing office supplies, hiring…
6 min