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A {{this}} is a document issued by a [[t:Buyer|Buyer]] to solicit a potential solution to a problem identified by a prospective [[t:Seller|Seller]]. This typically includes a technical response and/or solution and precedes a [[t:RFP]]. [[t:PTC]] information is typically not involved at this stage in the buying process. | A {{this}} is a document issued by a [[t:Buyer|Buyer]] to solicit a potential solution to a problem identified by a prospective [[t:Seller|Seller]]. This typically includes a technical response and/or solution and precedes a [[t:RFP]]. [[t:PTC]] information is typically not involved at this stage in the buying process. | ||
| − | A {{this}} is typically different from a [[t:RFP]] which | + | A {{this}} is typically different from a [[t:RFP]] which solicits solution and pricing proposals. |
[[Category:Term]][[Category:Workflow]][[Category:Supply Chain]] | [[Category:Term]][[Category:Workflow]][[Category:Supply Chain]] | ||
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A Request for Information is a document issued by a Buyer to solicit a potential solution to a problem identified by a prospective Seller. This typically includes a technical response and/or solution and precedes a Request for Proposal. Pricing, Terms & Conditions information is typically not involved at this stage in the buying process.
A Request for Information is typically different from a Request for Proposal which solicits solution and pricing proposals.