Melbourne, Australia: March 16, 2022 – Strata Results Group, a leading consulting and program delivery organisation has successfully completed a Request for Quote (RFQ) process for a major Australian wholesale and retail group. The project culminated in the selection of a successful vendor for an enterprise-wide Master Data Management (MDM) solution.

During the 9-week project, Strata Results identified potential vendors – of package software and bespoke development solutions – from Australia and internationally. Strata Results managed the issue of a RFQ to vendors, the assessment of their responses, and the selection of a preferred vendor/software solution.

Strata Results managed communication with the vendors, including preparation of detailed requirements, vendor briefings, the receipt of vendors’ responses, and scheduling of demonstration by shortlisted vendors. Strata Results provided the client with process and tools to use in their assessment of the responses.

The project was conducted successfully, despite periods of COVID-19 lockdown in Melbourne. Strata Results and the client delivered a selected vendor which was agreed by stakeholders across the many independent businesses with the client group.

As part of the project, Strata Results also delivered a Business Case for implementation of the chosen vendor’s product. The Business Case described how the product will be implemented – considering project management, change management, and the technical implementation of the software. The Business Case included a detailed financial analysis, including the potential financial impact of key risks, and the Return on Investment (ROI) of the project.

We look forward to continuing to partner with our client, and their selected software vendor, to deliver a world class MDM implementation.