What is an RFP (Request for Proposal) in Procurement & Sourcing?
An RFP is a formal document asking suppliers to submit proposals for product or service delivery. It outlines the specific requirements and criteria that will be used to evaluate and select the best supplier.
Businesses can use an RFP to ensure they get the best value and quality for their needs. It’s a crucial step in the procurement process to find the right partners and solutions.
Stay informed and make the best choices for your warehousing needs!