RFPs can be simple or complex but all will help you evaluate your current service anniversary program and ensure you are partnered with the best supplier. The New Year brings many recurring activities to life — resolutions, taxes and RFPs. Requests for Proposals are used by companies that regularly review costs and services for their employee recognition programs, de service anniversaries. RFPs are often driven by procurement specialists to ensure the company is getting the best value for the budget allocated to the programs. When you decide to evaluate new suppliers for your service anniversary program, consider why the program is valuable in your organization. Behavioral economists remind us of the dopamine effect, the rush people feel after something good happens. When employees are publicly recognized for their length of service, they will feel good about what they are doing and what they have accomplished. This ultimately keeps them focused, directed and willing to repeat behaviors. The supplier you choose to partner with for your service anniversary program should understand your employee recognition goals and align their strategy with how best to achieve them. RFPs can range from simple to complex and can involve numerous participants from several areas of the company. A typical team includes associates representing procurement, human resources, benefits, compensation, technology, accounting, communications and legal. Each person involved has a vested interest in the responses given in the document and should have a voice in the questions asked and the pricing presented. The information provided by suppliers you select to participate in the RFP process should be objective and comparable to allow you to differentiate a candidate with a desirable profile for the program offering. Subjective questions or requests make comparison difficult and tend to complicate the selection process. We suggest limiting your candidate field to between five and ten suppliers that are capable of providing the goods and services your company is seeking and providing a formal timeline to set expectations for the entire process. Limit communications with the suppliers to a single member of your RFP team and provide answers and feedback to the entire group for each request or question posed. Most companies will choose only a few of the respondents to provide a formal stand up presentation shortly after the selection process has identified the best responses in terms of services, awards and pricing. The RFP process also gives you and your company the opportunity to compare your current program to innovations being provided by others in the employee recognition industry. The RFP process can be time consuming and require a lot of work but the outcome can be very gratifying. It will help confirm you are aligned with the best supplier and receiving the best value for your investment. http://www.biworldwide.com

1. evaluate
your
SERVICE
Anniversary
Program
with an
RFP
Australia | Canada | China | India | Latin America | United Kingdom | United States

2. RFPs
(Requests for Proposals)
are used by companies
that regularly review
costs and services
for their employee
recognition programs,
which typically include
service anniversaries.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

3. RFPs
can be complex
because of the amount of
departments involved.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

4. Procurement
Human
Resources
Technology
Benefits
Compensation
Communication
Accounting
Legal
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

5. Here are
some tips to
make your
RFP
process
successful:
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

6. Here are
some tips to
make your
RFP
process
successful:
Select a leader to manage
the process
and be
the contact for
your team.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

7. Here are
some tips to
make your
RFP
process
successful:
Identify goals you would like to
reach – i.e.
cost, savings,
better service,
award
selection.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

8. Here are
some tips to
make your
RFP
process
successful:
Establish expectations for
timing with not only the
suppliers, but your team.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

9. Here are
some tips to
make your Involve employees from
different areas
of your
process
organization
successful:
to evaluate
the outcome
of the program.
RFP
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

10. Here are
some tips to
make your Look for ways to learn what
suppliers are
doing for
process
successful: companies
they are
currently
working
with inside
and outside
of your industry.
RFP
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

11. Here are
some tips to
make your
RFP
process
successful:
Look for innovations that
differentiate one supplier
from another.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

12. Here are
some tips to
make your
RFP
process
successful:
Provide a mechanism for
scoring your respondents to
aid in the selection process.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

13. Here are
some tips to
make your
RFP
process
successful:
Develop a measurement
process to qualify your decision
after implementation and
compare it
to your
previous
program
and goals.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

14. The
RFP
process can be
time consuming and
a lot of work.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

15. The
RFP
process
can be time
consuming
and a lot
of work.
So minimize your stress by
downloading more tips and
our Service Anniversary Awards
RFP outline.
BI WORLDWIDE.com | Australia | Canada | China | India | Latin America | United Kingdom | United States

16. follow us...
BI WORLDWIDE uses the principles of behavioral economics to produce
measurable results for our clients by driving and sustaining engagement
with their employees, channel partners and customers.
Australia
|
Canada | China | India | Latin America | United Kingdom | United States