Vendor Selection Decision Chain
8.4/10Overall
8.4AI
No user ratings
Submitted Jul 18AI evaluated Jul 18
Prompt
# 6-Step Vendor Selection Decision Chain
## Step 1: Requirements Definition & RFP Development
**Input:** Vendor selection need or procurement requirement
**Task:** Define requirements and develop RFP process
**Output:** RFP document and evaluation framework
---
**Instructions for Step 1:**
For procurement: {procurement_need}
Develop:
- Detailed requirements specification
- Evaluation criteria and weights
- RFP timeline and process
- Vendor qualification criteria
- Legal and compliance requirements
**Pass to Step 2:** RFP package
---
## Step 2: Vendor Research & Market Analysis
**Input:** RFP package from Step 1
**Task:** Research potential vendors and market landscape
**Output:** Vendor long-list and market analysis
---
**Instructions for Step 2:**
Research vendors:
- Market landscape and key players
- Vendor capabilities and experience
- Financial stability assessment
- Reference checks and reputation
- Innovation and technology leadership
**Pass to Step 3:** Vendor research
---
## Step 3: Proposal Evaluation & Vendor Screening
**Input:** Vendor proposals and research
**Task:** Evaluate proposals against criteria
**Output:** Vendor short-list with scores
---
**Instructions for Step 3:**
Evaluate proposals:
- Technical capability assessment
- Commercial and pricing evaluation
- Implementation approach review
- Risk and compliance assessment
- Cultural and strategic fit analysis
**Pass to Step 4:** Vendor short-list
---
## Step 4: Vendor Presentations & Due Diligence
**Input:** Vendor short-list from Step 3
**Task:** Conduct vendor presentations and detailed due diligence
**Output:** Comprehensive vendor assessment
---
**Instructions for Step 4:**
Conduct due diligence:
- Vendor presentations and demos
- Reference calls and site visits
- Financial and legal due diligence
- Technical architecture review
- Contract terms negotiation
**Pass to Step 5:** Due diligence results
---
## Step 5: Final Evaluation & Negotiation
**Input:** Due diligence results from Step 4
**Task:** Complete final evaluation and negotiate terms
**Output:** Vendor recommendation with contract terms
---
**Instructions for Step 5:**
Finalize selection:
- Weighted scoring and ranking
- Contract negotiation and terms
- Implementation planning
- Risk mitigation agreements
- Service level agreements
**Pass to Step 6:** Vendor recommendation
---
## Step 6: Contract Award & Transition Planning
**Input:** Vendor recommendation from Step 5
**Task:** Award contract and plan transition
**Output:** Signed contract with transition plan
---
**Instructions for Step 6:**
Execute award:
- Contract execution and legal review
- Transition and implementation planning
- Communication to stakeholders
- Project governance setup
- Success metrics and monitoring plan
**Final Output:** Vendor contract with comprehensive transition and governance plan
AI Evaluation
How we evaluateClaude 3 Haiku
AI Evaluation
8.3/10
GPT-4 Mini
AI Evaluation
8.4/10
User Rating
No ratings yet. Be the first to rate!
Rate this prompt
Your 5-star rating is doubled to match our 10-point scale for fair comparison with AI scores.