RFI (Request for Information) and RFP (Request for Proposal) are both tools used by organizations to gather information from potential vendors.
An RFI is a document used to gather information from potential vendors about their capabilities, products, and services. It is used to help organizations determine which vendor is the best fit for their needs.
An RFP is a document used to solicit bids from potential vendors for a specific project or service. It is used to compare vendors and select the best one for the job.
Both RFIs and RFPs are important tools for organizations to use when selecting vendors. They provide the necessary information to make an informed decision and ensure that the organization is getting the best value for their money.
