Final answer:
The statement is false as involving industry in the process of market information gathering early on is beneficial for creating a well-informed and effective RFP, aligning with market trends and supplier capabilities.
Step-by-step explanation:
False. It is advantageous for industry involvement to begin before the draft Request for Proposal (RFP) is ready. Ongoing engagement with the industry allows businesses to gain insights into market trends, technological developments, and potential supplier capabilities, informing and improving the RFP.
By involving the industry early, organizations can create a more accurate and effective RFP that aligns with the current market state. This collaboration can help tailor the RFP requirements to the needs of the business and the capabilities of potential suppliers, resulting in a more competitive and well-suited procurement process. Additionally, early industry engagement promotes transparency and can prevent misunderstandings or misalignments between what businesses need and what suppliers can offer.