Glossary term

RFx

RFx is a collective label for structured market requests such as requests for information, proposal, or quotation. The “x” indicates that the exact event type depends on the buying question. Using the right form matters: an information-gathering exercise, solution evaluation, and price comparison require different instructions, evidence, criteria, and decision expectations.

RFx is a collective label for structured market requests such as requests for information, proposal, or quotation. The “x” indicates that the exact event type depends on the buying question. Using the right form matters: an information-gathering exercise, solution evaluation, and price comparison require different instructions, evidence, criteria, and decision expectations.

In plain English

It is a general name for formal supplier request events, including RFI, RFP, and RFQ.

Illustrative example

At Northstar Industrial Systems, procurement selects an RFI for market discovery, an RFP for solution design, and an RFQ for a clearly specified item.

Related terms
Request for information; Request for proposal; Request for quotation; Sourcing event
Lifecycle stages
Source
Stakeholders
Procurement; Supplier; Operations

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