Supply Chain Glossary

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RFx


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

The generic name for market enquiries.  This reflects the fact that whether the enquiry is for information [RFI], quotation [RFQ], proposal [RFP] or tender [RFT], there are some common characteristics.  The most obvious common characteristics are that a common enquiry document is sent to multiple respondents, aspects of the enquiry require a response, and the responses need to be collated, recorded and evaluated in a systematic and transparent way.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




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Last update 9 Jul 2021
Output growth eases as supply-chain disruption worsens, despite marked rise in client demand
   Source: Markit US Manufacturing PMI   -  IHS Markit
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