Request for information and supplier management: understand the relationship

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bitheerani319
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Joined: Mon Dec 23, 2024 3:33 am

Request for information and supplier management: understand the relationship

Post by bitheerani319 »

Small and medium-sized companies usually do not have much difficulty in defining who their suppliers will be. Their demand for inputs is small and, generally, one supplier can meet them.

However, in large companies, the tendency is for there to be a greater need for materials to manufacture their products or services. In this case, it is not possible to hire any supplier; this choice must be more structured.

One way to do this correctly is through RFI and RFP — a type of information slovenia phone number list form specific to supplier management .

In this text, we will talk about how this tool can help a company's supply processes. Check it out!

How to choose the best supplier for my company?
Generally speaking, there are two ways to choose suppliers for your company — RFI (Request for Information) and RFP (Request for Proposal). Both methods work together and act as a sort of combination of criteria for selection. You may be wondering if they have the same objective, what is the difference?

The RFI would be an initial form, with basic requirements for choosing the supplier, focused more on the company's needs and objectives. The RFP is generally a second stage of the process, with more details and focused on the solution that the supplier company can offer. For this reason, it is sent to a smaller number of possible choices.
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