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