About this Course
RFIs: Distinguish, Apply, and Win is a foundational course for procurement professionals who want to master the art of early-stage supplier engagement. Using the wrong tool for the job leads to confusing responses, wasted time, and poor sourcing decisions. This course provides the essential knowledge to distinguish between a Request for Information (RFI) and a Request for Quotation (RFQ), ensuring that you approach the market with a clear and strategic purpose every time. You will learn to analyze your project needs to determine whether you should explore the market with an RFI or solicit firm pricing with an RFQ. Through hands-on activities, you will master a standardized, three-step process for issuing a professional RFI: populating a template, distributing it to suppliers, and systematically filing the responses. Drawing on real-world templates and best practices, you will build a portfolio that demonstrates your ability to conduct clean, compliant, and effective market research that sets the stage for procurement success
What You'll Learn
- Evaluate when to use an RFI versus an RFQ based on project needs
- Apply a standardized process to issue RFIs to suppliers
- Analyze project requirements to determine appropriate market approaches
- Master filling templates, distribution, and response management
Prerequisites
- Basic computer and internet skills
- Ability to read instructions and complete exercises in English
Instructors
LearningMate