The sourcing strategy or response strategy defines the type of procurement event that will be undertaken, for example, RFI, RFP, RFQ, or RFT. The following paragraphs define the 7 most common sourcing strategies:
- Request for Application (RFA)
- Request for Documentation (RFD)
- Expression of Interest (EOI)
- Request for Information (RFI)
- Request for Prices / Request for Quotation (RF$ / RFQ)
- Request for Proposal (RFP)
- Request for Tender (RFT)