CoVest News

  • Category Management Essentials

    Over the next couple of weeks, we will guide you through several aspects of category management in Strategic Sourcing. But before we dive into specifics, let's understand the essential components of category management. 

  • 100 Most Sustainable Corporations in the World

    The results for the 2015 Global 100 Most Sustainable Corporations in the World index are in and were proud to announce that CoVest members have made the list! 

  • Request for Proposals: Stop Wasting Your Time!

    There are many different takes on how to develop a Request for Proposal (RFP) or how to organize requests to obtain the best resultsWith a majority of the discussion focused on why RPFs are so important, it's rare for someone to question the process. However, we're here to tell you why a RFP on some categories is NOT productive.

  • Your Guide to Creating the Perfect RFP

    When you are tasked with developing a Request for Proposal (RFP) it is tempting to find a template that has been used in the past in order to get things moving quickly. The problem with this method is that the "boiler plate" templates used in the past were likely designed for a very different situation than yours and designed to satisfy needs that may not parallel your company's needs. It can result in "boiling the ocean", collecting a lot of information that is irrelevant to your situation, and not getting the information you really need to make the right supplier selection decision. 


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