Tender course: difference between RFQ and RFI - Procurement training - Purchasing skills

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RFP, RFQ, RFI, whaaat? Learn quickly, get a job in corporate purchasing, and succeed in SCM careers

Request for Proposal (RFP), Request for quotation (RFQ), Request for Information (RFI) are key documents in the purchasing process. In this lesson, we cover 3 main points about what is called RFx. 1 – we define RFI, RFP and RFQ 2 – we will be learning when to apply them 3 - we will see a basic work flow for each of them This is a strange story but may help the learning. Our friend here is a manager in a sunny and hot day. He wants to buy something to give to his team but has no idea how to solve the problem. He prepared a Request for Information and sent out to suppliers. The supplier replied with some alternatives, water balloons can help with heat, also Ice creams, or why not some drinks! The manager, thought, thought, and then decided for ice creams, the other solution does not seem to be appropriate for the workplace. Once, he has an idea about the product, he issued and sent a Request for Proposal because he was open for different product features. If he knew all details beforehand, he could have sent out a Request for Quotation, and just ask for the product cost. The buyer knowledge about the product indicates which document is more suitable. This story, give us an idea about RFI, RFP, and RFQ. You can send your questions in the comment area, I will be pleased to answer them. Thanks for watching, don’t forget to subscribe Americo e-Learning Americo e-Learning provides practical training in business analysis for professionals that work within short due dates and under pressure. Hands-on learning experience in which students have the opportunity of developing skills such as problem-solving, critical thinking, quantitative analysis in practical business applications. MY SOCIAL MEDIA AND CONTACT MEDIA E-MAIL: americoelearning@gmail.com WEBSITE: www.americoelearning.com TWITTER WEBSITE: https://twitter.com/AmericoBC LINKEDIN: https://ca.linkedin.com/in/americobc Topics covered in this video: rfp basics, request for proposal 101, request for quotation 101, request for proposal training, rfx 101, request for information 101, rfp for beginners, rfq for beginners, rfi for beginners, rfp purchasing management, rfp procurement management, purchasing process rfx, rfx basics MISSION STATEMENT My mission is to provide practical courses in business analysis for effective professionals. The objective is to keep the focus on the essential needs of professionals that work within short due dates and under pressure. We provide a hands-on learning process. During the courses, my students have the opportunity of developing skills such as problem-solving, critical thinking, and quali-quantitative analysis in practical business applications. My sessions started with the basics, then practice, implementation in a supporting software, and at the end, recommendations for a professional presentation. We cover the complete cycle, from the analysis to the business presentation. My background includes D.Sc. in Industrial Engineering, and MBA, and 20+ years of hands-on experience in service and manufacturing industry. My teaching differentials represent a combined approach with a deep understanding of Business Management models, real case assessments, and personal testimony from my multifaceted experience. My extensive hands-on business experience (20+ years) along with proper teaching methods has been contributing to my students’ success since my first teaching assignment 15 years ago. -~-~~-~~~-~~-~- Please watch: "RFP 101 - Request for proposal in Purchasing Management" https://www.youtube.com/watch?v=QIOR7Dnm0Uk -~-~~-~~~-~~-~-

How To Write a Request for Proposal (RFP)

http://www.woltersworld.com B2B Marketing is filled with requests for proposals. How do you let potential suppliers and bidders know that you need their help? You put out an RFP. This video explains the parts of an RFP and how you go about making one. Copyright Mark Wolters 2012

Back To Basics: Understanding RFP - RFI - RFQ

►Back To Basics: Understanding RFP - RFI - RFQ ►Subscribe • http://bit.ly/2hd2OMA ►Website • http://bidbox.in ------------ Official Social Media: ►Facebook • https://facebook.com/BidBoxPM ►Twitter • https://twitter.com/BidBoxServices ►LinkedIN • https://linkedin.com/company-beta/13266374 ------------ For Business Inquiries contact: ►info@bidbox.in ------------ About us: ►BidBox was originally founded in Germany in 2011. The partners, employees and consultants have many years of experience in sales, presales, business development, product management and marketing/digital marketing. We consult and train you in presales and sales management with a focus on bids / proposals / offers / tenders management, we study market opportunities for you and we also take over the implementation, preparation and creation of documents. ------------ Consultancy: ►The starting point to developing winning bids / proposals / offers / tender documents is a detailed 'Bid Check' or an 'Offer Analysis'. | Bid Check / Offer Analysis. ------------ Training: ►Our team of global trainers with more than 100 years of combined experience in pre-sales, sales and business development domain offer you the following in-house / online / onsite workshops. | Strategic Customer Management | Unlock BidBox | Explore BidBox ------------ Proposal Management: ►Outsource creation of your documents to our experts. | Bid Content Writing & Design | Bid Production (Prints & Multimedia Formats) | Executive Summary Writing & Design | Power Point Presentations | Proof Reading & Document Formatting | Video Production & Edits ------------ Business Services: ►Looking for opportunities to bid in a new market? Want to know the competitive scenario before you bid for a new opportunity? Want to enhance your presence online for a better win rate? | Market Intelligence Reports | Competitive Analysis Reports | Digital Marketing Services | Recruitment Services ------------ Music: ►http://bensound.com

Module 1: What is Supply Chain Management? (ASU-WPC-SCM) - ASU's W. P. Carey School

Part 1 of 12 - This module introduces viewers to the field of supply chain management. It describes the complex supply chain of a simple product, a bottle of water. The video also illustrates the importance of supply chain managers and their skill sets in our modern global economy for both manufacturing and service industries. In defining supply chain management, the video also hopes to educate and inspire business students, young and old, about the opportunities available to those with supply chain management degrees. This is the first installment in Arizona State University's twelve-part introduction to supply chain management video series. ASU, the W. P. Carey School of Business, and the Supply Chain Management Department are proud and happy to share this video series with supply chain management departments, supply chain instructors, career specialists in high schools and universities, as well as industry leaders in an effort to inspire a new generation of supply chain management professionals across the country and around the world. Further installments in this series will be made available during the spring of 2010. For more information, visit W. P. Carey's SCM Web site at http://wpcarey.asu.edu/scm or send an e-mail to wpcarey.scm@asu.edu.

Request for Proposal Sample Course

This is an extract from a full Supply Knowledge course on how to prepare a Request for Proposal. You can access the full course at this URL: http:\\supplyknowledge.coggno.com/shop

http://www.procurement-academy.com
The e-learning topics, for buyers, covered in our procurement academy online training: tender, negotiation, finance, total cost of ownership -- TCO, RFP, RFI, RFT, category management, contract writing, strategic sourcing, tender documents, supplier development, cost calculation, European procurement, cost estimation, legal terms, supplier performance management -- KPI, contract management, value analysis, cost breakdown, incoterms, development of specifications, how to write an RFP, procurement assessment, procurement certificate. More info? info@procurement-academy.com

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