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Published byWilla Fisher Modified over 9 years ago
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1 Best Practice for Preparing & Responding to RFPs
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Request for Information R F I 2
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Definition A request for information (RFI) is a standard business process whose purpose is to collect written information about the capabilities of various suppliers. Normally it follows a format that can be used for comparative purposes 3
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4 Request for Proposal R F P 4 Ad Hoc – One Off Standard on rotation
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Definition A request for proposal (RFP) is a solicitation, often made through a bidding process, by an agency or company interested in procurement of a commodity, service or valuable asset, to potential suppliers to submit business proposals. It is submitted early in the procurement cycle, either at the preliminary study, or procurement stage 5
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Source 6
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7 Opportunity to show your RELEVANT KNOWLEDGE Leaving Cert
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Key Points Read questions very carefully Establish key elements Key missing information 8 DON’T ASSUME ASK QUESTIONS
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Format 9 Client As Requested Your Own Standard Relevant Elements Customisation Always
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10 Format Rich Media OnlinePrint
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11 Attention to Detail No Mistakes
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Content Clear & understandable Correct Relevant Customised Conditions Timely Follow up 12
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13 Process with Creativity
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14 Exercise
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15 Clear & Correct & Conditions
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16 Timely & Relevant
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17 Customised & Creative
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18 Total Experience
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19 Competition
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20 Cooperation
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21 CO-OPETITION COMPETITION COOPERATION
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22 Follow Up
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