Which procurement action is directly linked to securing best pricing based on order frequency?

The selection of Vendor of Record (VOR) as the correct answer highlights its role in establishing ongoing relationships with suppliers that can lead to better pricing based on the volume of orders placed. A VOR is essentially a pre-approved supplier that an organization can use for its recurring purchases. By having a designated vendor or group of vendors, an organization benefits from negotiated pricing and terms that reflect the frequency and volume of their orders. Over time, this relationship becomes advantageous for both parties; the vendor can rely on consistent business, while the purchasing organization secures more favorable pricing due to the predictable demand.

In contrast, while a Request for Proposal (RFP) seeks competitive bids and pricing for specific procurement needs, it does not inherently guarantee the same level of pricing benefits associated with regular business. The Request for Information (RFI) is aimed at gathering information from potential suppliers but does not directly lead to price negotiation or establish supplier relationships. Similarly, a Group Purchasing Organization (GPO) leverages collective buying power from multiple entities to obtain favorable pricing, but it functions on a broader scale and may not reflect the specific purchasing patterns of an individual organization as closely as a VOR arrangement would. Thus, the key aspect of securing best pricing based on order frequency aligns