Case: Overview of the Vendor Selection Process

You are the head of the radiology department at a mid-sized hospital. Your current MRI machine is outdated, and you need to select a new vendor for a replacement. The hospital has issued an RFP, and you have received responses from three potential vendors. Each vendor has provided a quote, but they vary significantly in terms of pricing, hardware specifications, and additional services like disaster recovery and data storage. You need to evaluate these proposals and make a recommendation to the hospital board.