RFI (Request for Information) is an official procurement mechanism used by buyers to identify and evaluate potential suppliers. It serves as a way to gather essential details on goods or services from vendors, helping buyers make informed decisions and securing the best value for their purchases. RFI‘s contain questions about cost, delivery time-frames, quality standards and compliance requirements, allowing buyers to engage with vendors in a direct and meaningful way. Furthermore, the RFI process is fully transparent, giving vendors confidence that they are being treated fairly and equitably. By investing time in understanding suppliers’ offerings through an RFI, buyers can ensure they get the best possible outcome.