The VP of Manufacturing at Roshanak Incorporated wants to buy a new die cast machine for production.The die cast machine is expected to cost around $1,000,000.Which document will most likely be used to solicit bids from suppliers?
A)RFP
B)eVoice
C)RFJ
D)RFB

Question

Quizplus · Accepted Answer

The document that is commonly used to solicit bids from suppliers is the Request for Proposal (RFP). It is a document that outlines the project requirements, specifications, and deadlines, and invites potential suppliers to submit their proposals. The RFP is used when the company needs intricate product solutions, where the company aims to evaluate the solutions from multiple vendors, and where the pricing isn't the primary driver.

The VP of Manufacturing at Roshanak Incorporated Wants to Buy