RFI questionnaire

Table of Contents

What is the rfi questionnaire?

If you want to know something about rfi questionnaire, you’ve come to the right place. Our entry is a source of knowledge about this issue.

For starters, it’s worth mentioning that the rfi questionnaire is a formal process of collecting information from potential suppliers of a good or service.

Have you ever seen the types of questions like: “Submit a copy of your policy on …” “” “Do you have someone who manages your risk around …?” “” “Describe how you deal with …” “? At best, these kinds of obscure questions give the appearance of due diligence, but are actually little more than an exercise in wasting everyone’s time.

To be valid, these questions would have to be independently assessed by a panel of qualified experts. In fact, most purchasing teams do not even read the response content. Moreover, the responses are not legally binding and do not force the supplier to improve its approach in any particular direction.

A few tips from SkillDynamics

In connection with the rfi questionnaire, we can advise you to think about a few things.

We expect all our suppliers to independently evaluate their data security protocols. Do you have a current ISO27001 certification or equivalent?

What percentage of your employees have completed data security training? (We may ask for copies of training records.)

In procurement, our task is to advise our stakeholders on how to make the best use of the supply base. Part of this responsibility should be about ensuring that the organisation’s values and ethics are reflected throughout the supply chain.