Integrated Technologies, Inc. (ITI) can support our clients’ procurement of equipment and systems. ITI can also support the procurement phases of design-bid-build or design-build projects. Our technical and managerial support services will assure that our clients’ next major project is executed on time, within budget, and with maximized value. A critical element is developing requirement specifications that will produce the lowest Total Cost of Ownership. We can guide our clients with:
- Requirements Definition and Development
- Request for Quote (RFQ) Bid Spec Preparation
- Supplier Selection Strategies
- Procurement Support and Pricing Intelligence
- Total Cost of Ownership (TCO) Analysis
- Return on Investment (ROI) Analysis
ITI’s Procurement Services take advantage of our extensive product, process, and supply chain knowledge and operational experience with plant systems. Benefits include the following:
- Shorten procurement cycle time
- Include current technologies and best practices in RFQs
- Realize lower lifecycle costs by using a TCO methodology
- Prepare performance-based and/or detailed requirements definition
- Develop a business process for supplier selection along with a set of standards
- Adopt a supplier selection process with a clear correlation between criteria, conformance, and capabilities
- Manage and improve relationships with preferred suppliers and partners
ITI Deliverables include:
- Scope and requirements definition
- Lifecycle cost analysis
- Supplier selection model
- Maintenance and support requirements
- RFQ and bid documentation
- Bid evaluation support
- Supplier selection best practices
ITI technologists follow emerging technologies, regulatory trends, and industry events on a daily basis. We can drastically shorten procurement time while ensuring RFQs incorporate the best available technology and TCO methodologies.