November 7, 2013 - ARC Advisory Group released its Historian Supplier Selection product. The STAR Supplier Selection Process includes both selection criteria and guided workflow steps to help in choosing the Historian and/or Solution Provider that best meets specific current and future site needs. The scope of the selection criteria allows the user to identify and rate the importance of specific functionality required by an individual site or corporation, whether it is a Historian for an isolated island of automation, or a centralized solution for an entire plant. It allows those involved in the selection to make quicker and improved decisions to select the solution that fits your application best, delivers the lowest cost of ownership, and makes your business as competitive as possible.
The ARC STAR Supplier Evaluation and Selection Service guides users through a step-by-step process selecting and evaluating suppliers and their products against specific application and industry requirements. The process guides the user through the project and team definition, reviewing and editing ARC-provided selection criteria and supplier questions, weighing selection criteria, developing a supplier Request for Information (RFI) list, evaluating supplier responses, and developing a final ranking of RFI results. ARC STAR then fully documents the process and results for management review and approval. ARC STAR helps ensure inclusive, fact-based, impartial supplier evaluations and selections, free of the user bias issues that typically hamper these activities.
In addition, ARC estimates that ARC STAR can reduce the cost and effort of a supplier selection process by well over 50 percent.
About ARC Advisory Group:
ARC Advisory Group is the leading market research and advisory firm for industry and infrastructure. Business and IT executives around the world depend on ARC for coverage of technology from automation and business systems to product and asset lifecycle management, supply chain management, logistics, operations management, controls and control elements. ARC is the “go-to” market research and technology analysis firm for their companies. ARC analysts have the industry knowledge and first-hand experience to help clients find the best answers.
