RFI

An RFI, or Request for Information, is a solicitation document strategically employed to gather comprehensive information about products, services, or potential suppliers. Functioning as an information request, an RFI is non-binding, serving as an exploratory phase in the procurement process.

Typically utilized prior to specific requisitions, RFIs enable purchasers to gain insights into the capabilities and offerings of suppliers without creating a contractual obligation. This proactive approach allows organizations to make informed decisions and establish a foundation for more targeted and effective procurement strategies.

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