A Request for Quotation (RFQ) is a formal document distributed by client to potential providers, requesting price proposals for specific goods or services. The RFQ outlines the requirements of the buyer and provides a template for providers to submit their proposals. It usually consists of information such as the product or service description, qua
RFQ
A Quote Request, often shortened to RFQ, is a formal communication sent by a organization to suppliers seeking prices on products or works. The RFQ provides detailed specifications about the needed items, allowing suppliers to submit competitive proposals. Following review of the request for quotation submitted quotes, the buyer can then select a