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RFP
Procurement

RFP (Request for Proposal)

Request for Proposal

Request asking suppliers to propose a solution, approach, scope and commercial offer for a broader requirement.

Examples

  1. 01Purchasing sends an RFP for a new warehouse management solution, asking suppliers to propose software, services and a project plan.
  2. 02RFP responses are scored by IT, logistics and purchasing on function, total cost and references.
  3. 03The winning RFP becomes the basis of the contract, with an owner and measurable go-live targets.

Related terms

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