Utilities procurement teams play a crucial role in delivering essential services to customers, on time and on budget. The contracting decisions you make through bids and RFPs have a significant impact, not only on your procurement function but the entire organization — and the more complex the project, the higher the stakes.
Despite this, many teams have gaps in their technology which leave the evaluation of bids and RFPs to be completed through spreadsheets and manual steps. This is not only an administrative burden; managing complex, multi-stakeholder evaluations (e.g. for equipment or construction) through spreadsheets introduces a risk of errors and delays that can put project outcomes on the line.
See how public utilities organizations like yours are addressing this gap by implementing purpose-built software for bid and RFP evaluations, making it easier to engage stakeholders, efficiently evaluate vendor data, and ensure high-quality, cost effective service delivery to the organization.
What You'll Learn
After completing this online training session, learners will be able to:
1. Identify common technology gaps in utilities procurement.
2. Understand the risks and limitations of using spreadsheets and Enterprise Resource Planning (ERP) systems for bid and RFP evaluation.
3. Hear from a fellow utilities organization about their experience and results after implementing sourcing software.
4. Develop an action plan for selecting and implementing sourcing software at your organization.