RFI Sourcing is a business process that is used to gather information from suppliers in order to make an informed decision when selecting a vendor. It is a formal request for information (RFI) sent to potential suppliers in order to obtain information on their capabilities, pricing, and other factors that will help to make the best possible decision. RFI Sourcing is a great way to get the most out of your vendor selection process. It allows you to compare different suppliers and make sure that you are getting the best deal for your company. It also helps to ensure that you are getting the best quality product or service for the price. RFI Sourcing can be used for any type of purchase, from small items to large-scale projects. By gathering the necessary information from suppliers, you can make sure that you are getting the best value for your money. RFI Sourcing is an important part of the procurement process and can help to ensure that you are making the best possible decision when selecting a vendor.
