RFI, RFP, RFQ & tender documents · Core

Procurement

Also called: purchasing

ELI5

The controlled process of sourcing, selecting, contracting and managing suppliers.

Used in conversation

“Show where procurement happens in the operating model and who receives the handoff.”

Pitch context

You will see “Procurement” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches rfi, rfp, rfq & tender documents.

Why it matters: In rfi, rfp, rfq & tender documents, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.