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There are 2 modules in 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.
This module focuses on the critical strategic decision of which procurement document to use and when. We explore why confusing an RFI with an RFQ results in inefficient sourcing and poor outcomes. You will learn what defines each document and the distinct roles in the procurement lifecycle. You will then learn how to use a simple framework to decide the appropriate tool for your specific need. You will apply this knowledge in practice scenarios and assess your understanding, ensuring that you can confidently choose the right path forward.
What's included
2 videos1 reading1 assignment
Show info about module content
2 videos•Total 10 minutes
Why Market Research Comes Before Pricing?•5 minutes
How to Choose: A Simple Decision Framework•5 minutes
1 reading•Total 10 minutes
RFI vs. RFQ: The Definitive Comparison Guide•10 minutes
1 assignment•Total 10 minutes
Knowledge Check: RFI or RFQ?•10 minutes
Mastering the RFI Process: From Creation to Collection
Module 2•1 hour to complete
Module details
This module provides the practical, step-by-step skills to execute a professional RFI process. You will learn why a standardized process is essential for compliance and fair comparison. We will provide a downloadable RFI template (what) and show you how to populate, distribute, and file it according to best practices. You will apply your skills in a guided dialogue and then be assessed in a final project where you manage an entire RFI process from start to finish.
What's included
3 videos1 reading2 assignments
Show info about module content
3 videos•Total 14 minutes
Why a Standard Process Prevents Chaos?•5 minutes
How-To: Complete and Issue an RFI?•5 minutes
How-To: Organize Supplier Responses for Easy Review•4 minutes
1 reading•Total 10 minutes
The 3-Step RFI Process: Create, Distribute, File•10 minutes
2 assignments•Total 60 minutes
Final Project: Procurement Communication Project•30 minutes
Open-ended: RFI Process Execution•30 minutes
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What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.