RFx processes, which include requests for information (RFIs), requests for proposals (RFPs), and requests for quotes (RFQs), are important tools for businesses to use when looking for suppliers or vendors to provide goods or services.
The importance of each type of RFx process can vary depending on the needs of the business and the type of procurement being conducted. For example, an RFI may be more important when the business is looking for innovative solutions or has a broader scope of needs, while an RFQ may be more important when the business is looking for specific, well-defined goods or service.
Check which RFx sourcing event your business requires with this Aavenir RFx Checklist.