Enlish language

INDEPENDENT WORK
Rrepared by Bekchanova Durjakhon a student of the Department of Post-Aloga Technology (external) of the Tashkent University of Information Technology named after Muhammad al-Khorazmi "ENLISH LANGUAGE" from the subject

SUBJECT: Making Requests


Performed by: Bekchanova Durjakhon
Admission Guild: Sapayeva Feruza

Urganch 2023

Making Requests
For buyers, there are often many stepping stones to navigate before reaching an agreement with a supplier over a purchase. The process of gathering information on the goods, for example, is an important stage many companies in professional services industries begin with before starting any form of negotiation on price or volume.
Research alone won’t cut it. For businesses, there’s a procedure in place for soliciting information about a vendor’s products or goods. It’s known as an RFI (request for information), and for many companies, it signals the first step on the road to making a purchase.

What is an RFI?

An RFI is a formal request for information buyers send to suppliers or vendors. The procurement team of a company, responsible for buying inventory, will issue an RFI when stock is low or when there’s an anticipated demand for a particular product.
Typically, the RFI is a term often mentioned in the construction industry for sourcing raw materials for new projects, but an RFI in project management is also very common. 

What is an RFI document?

A company will draw up an RFI document after a need for a particular product or service has been identified. It helps those making the purchase decision figure out which supplier to buy from based on information such as the characteristics and dimensions of the product and other key factors.

What is an RFI in construction?

An RFI’s meaning in construction is a document that helps source the right materials and labor for a new project. By sending out RFIs to prospective contractor companies, suppliers, and vendors, construction companies can accurately assess which options would best fit their budget and other specific project needs.
Once the company has received the information it requested in the document, the key decision-makers can sort through the options and estimate how much the project is likely to cost.
There are standardized formats for RFI documents in the construction industry, making it straightforward for all parties involved. 

RFI vs. RFP vs. RFQ: What is the difference?

Acronyms come thick and fast in the world of business, so it’s important to stay abreast of all the important ones that could apply to your company sooner or later. RFIs, RFPs, and RFQs are all formal procedures that can shape a buyer-seller interaction and streamline the process from initial interest to final purchase.
The RFI represents the first step in the process of procuring products or services for your business, followed by the RFP and the RFQ. After issuing these three formal documents, you’ll be able to make an informed decision as to which supplier offers the best deal.

RFPs explained

An RFP is a formal request issued once a company has all the information it requires about the product or service from the RFI.
After qualifying the products, the company will ask the shortlisted suppliers to submit a proposal for the specific job or project. 
For example, if a company requires a branding refresh, it would first send out an RFI to designers or brand consultants to solicit key information about what they could deliver. Then, that company would shortlist three to five candidates or agencies and draw up an RFP document providing specific information on the task and asking these candidates to submit a proposal.