Developing an effective sourcing and procurement process for your organization improves the overall quality of purchasing decisions and streamlines the process for both your organization and its prospective vendors. Unfortunately, many organizations do not have a sourcing and procurement process at all, leaving internal stakeholders to deal with consequences such as poor/unknown ROI or purchases of products and services that do not properly align with their business needs. But running an RFP doesn’t have to be cringe inducing! Indeed, there are many different approaches you can take when it comes to implementing a sourcing process. If you want to learn more about different approaches you can take, we invite you to download our eBook: Understanding the Different Methods to Manage Your Sourcing and Procurement Process.