Sourcing Cycle Time: Why RFx-to-Award decisions take too long
Sourcing cycle time describes the time between an RFx and the final award decision. In direct materials sourcing, this RFx-to-award phase is where delays most frequently occur – and where negotiated savings quietly erode.Savings rarely disappear at the negotiation table. They disappear in the weeks between RFx and award, when prices shift, capacities change, engineering…