Supply Chain Management Professional (SCMP) · Question
What is the primary purpose of a Request for Information (RFI) in the procurement process?
An RFI is used to collect preliminary information from suppliers to help define requirements or understand market capabilities, not for formal bidding.
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Question: What is the primary purpose of a Request for Information (RFI) in the procurement process?
Answer options:
- To solicit formal bids for a project or product ✅ To gather general information from potential suppliers about their capabilities
- To negotiate contract terms with a selected supplier
- To evaluate the financial stability of prospective vendors
Correct answer: To gather general information from potential suppliers about their capabilities
Explanation: An RFI is used to collect preliminary information from suppliers to help define requirements or understand market capabilities, not for formal bidding.
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