Ep 5 | RFP Part 1 - Real F*cking Problem?

This time, Angus and Pete delve into the world of the RFP (Request for Proposal) process. The conversation covers the intricacies of the RFP process, highlighting its benefits and challenges from both the buyer's and seller's perspectives. The hosts emphasize the importance of transparency, competition, and effective communication throughout the procurement process, while also addressing common pitfalls and misconceptions. They conclude by suggesting that both buyers and sellers need to improve their understanding and execution of the RFP process to foster better outcomes.

Takeaways

• The RFP process is often seen as a real problem.
• Transparency is a key benefit of the RFP process.
• Competition among vendors is encouraged through RFPs.
• Quality improvement is a potential benefit of structured RFPs.
• Clarity in requirements can minimize misunderstandings.
• The RFP process involves multiple steps beyond just document submission.
• Buyers often underestimate the work involved in evaluating RFP responses.
• Effective communication is crucial during the RFP process.
• Both buyers and sellers need to understand each other's challenges.

Keywords

Customer Engagement, Customer Experience, CX, Customer Service, Contact Centre, Contact Center, RFP process, procurement, buyer-seller communication, customer experience, feedback, evaluation process, transparency, competition