Request For Proposal (RFP) – How To Create One

📚 This video is part of our Junior Procurement Management Course:
https://procurementtactics.com/junior...

Creating a Request for Proposal (RFP) is crucial for ensuring successful procurement. In this video, we will guide you through the entire process, from defining your project scope and budget to finalizing and sending out your RFP.

Learn the importance of clear communication, setting selection criteria, and maintaining transparency with suppliers. Avoid common mistakes, and use our provided template to simplify your RFP creation. Ready to streamline your procurement process and get the best proposals? Let’s dive in!

⏰Timestamps:
0:00 Introduction to RFPs
0:38 First Step: Understanding Project Scope & Budget
1:11 Examples of Good vs. Bad RFP Descriptions
2:27 Second Step: Providing Company Background
2:56 Third Step: Specifying Required Services
3:22 Fourth Step: Structuring Supplier Responses
3:47 Fifth Step: Specifying Selection Criteria
4:37 Sixth Step: Know the Project Timelines
5:12 Last Step: Finalizing & Proofreading Your RFP
6:03 Conclusion & Next Steps

More about RFP Evaluation Criteria:
https://procurementtactics.com/rfp-ev...