Request for Proposal of Walmart Inc.

A request for proposal is a business document that provides the details of a project or contract to the
suppliers so that they can bid for the project. For instance, Walmart as a company can publish a request
for proposal for the procurement of their products to their respective suppliers, by careful evaluation,
those suppliers will be able to bid for the products requested, and finally after proper evaluation and
judgement by Walmart, the bidder proposal will be accepted. To be specific this “request for proposal”
will be made by Walmart, whereas the suppliers will be the receiver of the proposal.

Needs and entry requirements

This is usually the first step where Walmart will ask its suppliers and contractors about the type,
amount, quality and quantity of the products or services required by them specifically in detailed
format. This is the basic requirements of the contract which must be fulfilled by the suppliers who are
bidding for the proposal.

Set of Criterion

A minimum criterion Is given to filter out any incompetent contractors who does not qualify to bid for
this proposal, this saves a lot of time and money as screening excess and unnecessary proposals will eat
away valuable time of Walmart Inc.

Invitation

An invitation is granted to the supplier who proposes the lowest bid following the criteria strictly. An
invitation is a call by the company (Walmart) to its suppliers to send a proposal for the project for a
specific product or service. Only qualified suppliers are invited to show their proposal in details. There
are usually two methods of invitation. Selective method is mostly used by the company to send
invitation to the preselected list of contractors who are top rated by the company. Secondly,
advertisement is used by companies to attract contractors from all areas, this is usually used for
procuring new products.

Reviewing and Selection

This is an important stage by companies like Walmart and also a time-consuming stage where each and
every document provided by the contractors or suppliers are scanned intensively in search for the best
proposal. Many proposals are rejected here, if they don’t comply with the standards. Most importantly,
the most suitable projects are selected by the companies by evaluating each and every criterion. The
most eligible proposals are chosen here and sent for further verification.
Supplier Assessment Program with a Draft Proposal

Here suppliers are further investigated. A detailed plan is developed by the company according to the
supplier’s individual proposal where suppliers are asked to provide even more evidence and

certifications so that they can evaluated perfectly. After finalizing, a draft is sent to the chosen supplier

Issuance of Proposals

Here the overall evaluation is made according to all the factors given by the company, Suppliers and
contractors who qualifies this stage are issued with the proposal.

Awarding the contract

All other stages of the rfp ensures that the contractor is eligible and qualified for the request for
proposal, at this stage only the most qualified contractors are awarded with the contracts so that they
can provide products or services of the highest grade at the time requested by the company

Different types of Document

Information of the customer

Customer information is highly valued in RFP process. Companies like Walmart collects every possible
information through surveys and other processes to provide it in the request for proposal form. The
information is assessed according to the needs and preferences of customer

Document of the general suppliers

This is the document about suppliers’ details. It shows the suppliers strength and weaknesses. This helps
to assess the supplier’s ability to complete the project with the provided guidelines.

Standard RFP form

This form contains a lot of information. For instance, contract terms and conditions, evaluation and
award process, company information etc. Without this form suppliers cannot bid so suppliers need to
collect this form before bidding.

RFP evaluation certificate

This document is given to the bidders who has fulfilled the criteria for the proposal successfully. Only the
bidders who is the most suitable candidate will be rewarded this contract

Agency written request

This document provides information about the evaluating criteria of the suppliers. As per the
regulations, this has to be maintained by the suppliers carefully to win the RFQ. It shows the minimum
requirement needed by the suppliers to qualify for RFQ.
Verified Certificate

This is the document given to the ultimate winner of the proposal who have qualified for all other stages
and have been selected as the supplier who will be doing business with Walmart according to the claws
mentioned.