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Request for Quotation Rfq Transnet Freight Rail  Form

Request for Quotation Rfq Transnet Freight Rail Form

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hey procurement Legends I'm Daniel Barnes host of world of procurement and we are here to talk about request for information request for quotation request for a proposal these are commonly referred to as rfx so a request for information RFI is commonly used to seek information from a vast array of different suppliers so say you are looking at buying a new service or new product and you know there's quite a lot of different providers out there you've done your market research you have data already you've got some intelligence around this but you want to go a step further so sending out a request of information to ask about your top five concerns the quality of the product where they Source from just whatever you need to find out more to narrow the pool of let's just pick 20 as an arbitrary number here of suppliers down to five it's a really good process for doing that it can be very fast very quick very efficient but you do need to tee up

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