Evaluating Vendor Relationships - How the Board of Directors Can Avoid Corporate Risk by Ensuring an Effective and Impartial RFP Process
OVERVIEW: Large RFP decisions impact across the organization and therefore warrant board attention. The RFP process can be an early indicator of supply chain risk. Boards should identify their goals for the RFP process and determine how the board should be involved. In order to fully participate in the RFP process at the board level, board members should have an understanding of best practices for conducting a successful RFP process.

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Evaluating Vendor Relationships - How the Board of Directors Can Avoid Corporate Risk by Ensuring an Effective and Impartial RFP Process