The past few weeks the World has been alive with the fever of the 2014 World Cup, there have been over 1 billion Facebook posts about the World Cup! It’s been tough to avoid, why anyone would want to baffles me—it’s the greatest game on earth (ok, maybe that is just my opinion), but ultimately the surprising success of the US Team has drawn even non-soccer fans to their TV’s to cheer on their country. I’ve watched almost every game and then it hit me—the success of each team is based on so many factors which, strange as it seems, parallel with what it takes to execute a successful e-sourcing event.
You cannot win a soccer match without thoroughly planned strategy and tactics. There is a systematic approach behind every pass of the ball, every corner kick and every run down the field. This is similar to the necessary strategic plan behind employing procurement technology, and specifically - an e-sourcing event. Whether the best option for a particular category is an RFI, RFP or RFQ (or a combination of any or all)—the setup, execution and award of business are well thought out with a goal in mind (pun intended).