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Vendor Assessment PowerPoint Presentation Slides
The document outlines a vendor assessment process that includes determining company requirements, searching for appropriate vendors, and selecting a vendor based on various evaluation criteria. It emphasizes the importance of cost reduction, administrative efficiency, and brand protection through the careful selection of vendors categorized into tiers based on their services and volume of spend. Additionally, it provides a structured timeline for the vendor selection process along with an evaluation matrix for scoring potential vendors.
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Introduction of the vendor assessment process for your company.
Steps for vendor selection including requirements determination, proposal requests, and evaluation timelines.
Identify company needs such as cost reduction, performance optimization, efficiency, and brand protection.
Methods for searching suitable vendors through various platforms, trade shows, and publications.
Classification of vendors into tiers based on service type and spending volume to guide selection.
Overview of creating a request for vendor proposals including requirements and time frames.
Key features and pros/cons of different vendor operating models: decentralized, centralized, and center-led.
Detailed steps in the vendor selection process from team assembly to contract award.
An outline of the timeline for vendor selection stages from scoping to pricing and site visits.
A structured plan detailing objectives and specific tasks within the first 30, 60, and 90 days.
Evaluation metrics for comparing potential vendors based on project understanding, pricing, and capabilities.
Scorecard metrics used to assess vendor quality, service, delivery, and pricing.
Planning for vendor negotiations with a focus on cost reduction and strategic objectives.
Generic slide for including graphics related to vendor assessment.
Placeholder for adding more content as needed for the vendor assessment.
Dynamic charts illustrating volume trends linked to external data sources.
Charts showing profitability percentages for different products, indicating performance trends.
Editable space for stating the company’s vision and mission to align with business objectives.
Placeholder for introducing team members involved in the vendor assessment process.
A timeline overview for project milestones and updates.
Graphs representing financial performance indicators over time.
Visual comparative data on population percentages across different regions.
A motivational quote to inspire engagement in the vendor assessment process.
Slide for presenting insights into the target market related to vendor management.
Slides for brainstorming and highlighting innovative vendor solutions.
Conclusion slide thanking the audience accompanied by contact information.
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Vendor Assessment PowerPoint Presentation Slides
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- 2. Content Determine Company’s Requirements Search Appropriate Vendors VendorsClassification Request for Proposals Selection of Vendor Operating Model Selection process for Vendors Vendors Selection Timeline 30-60-90 Plan Vendors Evaluation Matrix Vendor Rating Scorecard Negotiation Strategic Planning 2
- 3. Determine Company’s Requirements Reduce Costs With increasedvisibility invisible costs also increases. Company needs a solution that helps in reducing costs and increasing profit margins Optimize Performance Ability to easily track and measure the performance effectively in order to ensure smooth flow of operations Increase Administrative Efficiencies Add your company specific text here Brand Protection Need for a program that can provide ways to improve the operations which can help in protecting as well as improving the brand name 3
- 4. Search Appropriate Vendors Platforms forsearching appropriate vendors Try Searching for vendors on Google Check Major B2B Marketplaces Join Industry Groups, Forums, and Other Professional Networks Attend a Trade Show Subscribe to All of Your Industry's Trade Publications 4
- 5. Vendors Classification • CommoditizedServices • Many Qualified Vendors • Occasionally used Services Tier 3 Vendors • Large but Selectively used Vendors • Transactional Vendors that Deliver Profitability & Volume • Switching Costs are not too High • Text Here Tier 2 Vendors • Customer- Facing Vendors or Vendors Handling Sensitive Customer Data • High Volume / Spend • High Switching Costs • Limited Alternative Vendors • Text Here Tier 1 Vendors AnnualVolumeofSpend Strategic Importance of Service LessMore Low High Vendors can be classified based on services they offer, and the amount company needs to spend on them. Basis this classification company can decide on the type of vendor they require This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 5
- 6. Request for VendorProposal Overview of Company and Vendors Needed Enter Information Here Type(s) of Vendors Needed › List Vendor Types Here › Text Here › Text Here › Text Here › Text Here › Text Here Requirements Service Requirements Include Description of Project or Problem to be Solved. Include how Expectations & Relationship will be Managed. Who will Provide X Type of Equipment, Resources, etc. Quality/review Requirements Include as much Information about Performance Expectations, etc. Non- Disclosure Both Parties agree to Basic NDA Principles for the Duration of the RFP Process. Special Requirements For Government, List Governing/Accrediting Bodies (if applicable), Special Compliance Needs (for HIPA, etc.) & any other Legally Binding Entities or Agreements Specific to this Project or Company. Time Frame Include Kickoff Time for Project, Final Deliverable Date, & (if Needed) any Milestones in between. Pricing/Payment Spell out how the Vendor should Present Price Proposal – by hour, by fixed price, etc. Is there a not-to-exceed Ceiling? How to Submit Include Specific Skills & Capabilities of the Vendor Company that Relate to the Project, as well as Relevant Experience, Testimonials, etc. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 6
- 7. Selection of VendorOperating Model Operating Models Key Features Pros Associated Risk Decentralized ▪ Loose confederation of vendor management teams ▪ Add text here ▪ Provides greater flexibility for LOBs ▪ Add text here ▪ Misaligned objectives ▪ Lost opportunities & lack of enterprise wide adherence to best practices Centralized ▪ Resources consolidated in a specific location ▪ LOBs responsible for strategy & execution ▪ Clear decision-making authority & responsibility ▪ Creates more predictable outcomes ▪ Insufficient LOB-related knowledge in centralized team ▪ Add text here Center-Led ▪ This team develops strategy, frameworks, policies & procedures that are applied & customized by LOBs ▪ Day-to-day management remains a LOB responsibility ▪ Minimizes duplication of effort ▪ Potential for inconsistent interpretation & application among various LOBs ▪ Add text here Basis the features, advantages & risk mentioned below, select the operating model which best suits your firm This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 7
- 8. Selection Process forVendors Assemble Team Create a team of experts from relevant departments 01 Review Proposals Review and evaluate the submitted proposals 02 Demos Select vendors for demos based on inputs from the team members 03 Final Evaluation Based on the demo and the RFP evaluation make the final choice 04 Award Contract Discuss & prepare for negotiation 05 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 8
- 9. Vendors Selection Timeline Thisslide is 100% editable. Adapt it to your needs and capture your audience's attention. • Select committees • Carry out Scoping • Specify reasons for selection • Add Text Here 2.5 weeks • Establish Process • Draft RFP • Define Vendors list • Add Text Here 3 weeks • Establish Contact • Communicate • Share RFP • Add Text Here 2 weeks • Review • Choose final list • Add Text Here • Add Text Here 4 weeks • Pricing • Site Visits • Add Text Here • Add Text Here 2 weeks Vendor InitialPreparation EvaluationDiscovery Selection 9
- 10. 30-60-90 Plan This slideis 100% editable. Adapt it to your needs and capture your audience's attention. Goal • Carry out Scoping • Specify reasons for selection • Add your company specific content here • Add your company specific content here By 30 Days • Draft RFP • Define Vendors list • Add your company specific content here • Add your company specific content here By 60 Days • Choose final list • Vendor Site Visits • Add your company specific content here By 90 Days 10
- 11. Vendor A VendorB 50% 10% 20% 10% 10% 100% Criteria Points Weighting Total Must Points Weighting Total Must Understanding project goal 10 15% 1.5 7 15% 1.05 Price 10 20% 2 3 20% 0.6 Vendor 3 15% 0.45 3 15% 0.45 Add text here 3 5% 0.15 3 5% 0.15 Add text here 7 5% 0.35 7 5% 0.35 Add text here 7 5% 0.35 7 5% 0.35 Add text here 7 5% 0.35 7 5% 0.35 Add text here 7 5% 0.35 3 5% 0.15 Add text here 7 5% 0.35 3 5% 0.15 Add text here 10 3% 0.3 7 3% 0.21 Add text here 10 7% 0.7 7 7% 0.49 Add text here 3 5% 0.15 3 5% 0.15 Add text here 7 5% 0.35 7 5% 0.35 Total 91 100% 7.35 67 100% 4.8 Vendors Evaluation Matrix This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Legend Score: • 10 Fully accomplished • 7 Mostly accomplished • 3 Partially accomplished • 0 Not usable Legend Criteria 1 1 2 2 1 1 1 1 1 1 1 2 1 1 3 1 3 1 1 1 2 2 1 1 2 2 Criteria Not Met3 Criteria Met1 Criteria Partially Met2 11
- 12. Criteria Supplier Name:Self Evaluation Supplier Name: Internal Evaluation Quality 19.0 27.0 Service 30.1 17.9 Delivery 32.5 17.5 Price 41.5 21.0 Supplier Score (200) 123.1 83.4 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 12 Vendor Rating Scorecard
- 13. Negotiation Strategic Planning RankNegotiation item Objective Strategy to obtain objective Outcome/ status 1 Reduce the proposed cost Due to high volume, it will be critical to minimize the cost Add text here Vendor has agreed to reduce the cost by 5% 2 Add text here Add text here Add text here Add text here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 13
- 14. Vendor Assessment IconsSlide 14
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- 16. Volume - Open- High - Low – Close - Chart This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 0 10 20 30 40 50 60 70 0 20 40 60 80 100 120 140 160 1/5/2002 1/6/2002 1/7/2002 1/8/2002 1/9/2002 Volume Open Low High Close Inpercentage Product01 Product02 16
- 17. Clustered Bar This graph/chartis linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 40 30 25 45 0 10 20 30 40 50 Jan Feb Mar Apr Profit(Inpercentage) 15 32 48 40 0 10 20 30 40 50 Jan Feb Mar Apr Profit(Inpercentage) Product01 Product02 17
- 18. Our Mission This slideis 100% editable. Adapt it to your needs and capture your audience's attention. Vision This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Mission This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal 18
- 19. Meet our Team NameHere Designation This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Name Here Designation This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Name Here Designation This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 19
- 20. Timeline This slide is100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2016 2018 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 20192017 20
- 21. This slide is100% editable. Adapt it to your needs and capture your audience's attention. 90% This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 60% This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 30% Financial 21
- 22. Comparison This slide is100% editable. Adapt it to your needs and capture your audience's attention. Population 50% 80% Canada USA Population 90% 50% This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 22
- 23. Quotes In Order ToInspire People, That’s Going To Have To Come From Somewhere Deep Inside of You. …Jeff Weiner 23
- 24. Our Target This slideis 100% editable. Adapt it to your needs and capture your audience's attention.01 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.02 24
- 25. Bulb or Idea This slideis 100% editable. Adapt it to your needs and capture your audience's attention.01 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.02 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.03 This slide is 100% editable. Adapt it to your needs and capture your audience's attention.04 25
- 26. Thank You 26 Address # streetnumber, city, state Contact Numbers 0123456789 Email Address emailaddress123@gmail.com