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REQUEST FOR QUOTATION: 26102 Supplier: QUOTES ARE VALID FOR 120 DAYS AND MUST BE RECEIVED NOT LATER THAN: 11/4/2013 ESTIMATED LEAD TIME: DAYS DISCOUNT PERCENT DAYS PLEASE REPLY TO: MAILING ADDRESS:
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How to fill out request for quotation

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01
Gather all necessary information: Before filling out a request for quotation, it is important to gather all the necessary information about the product or service you are seeking. This includes specific details such as quantity, specifications, delivery schedule, and any other relevant information.
02
Identify potential suppliers: Research and identify potential suppliers or vendors who can fulfill your requirements. This can be done through online searches, referrals from colleagues, or industry directories. Make a list of these potential suppliers, as they will be the ones receiving the request for quotation.
03
Create a request for quotation template: To streamline the process, create a template for the request for quotation. This template should include all the necessary information required by potential suppliers to provide a quote. Include fields for product description, quantity, delivery terms, payment terms, and any other requirements specific to your project.
04
Fill out the request for quotation: Use the template created in the previous step to fill out the request for quotation. Be clear and concise in providing information, ensuring that all relevant details are included. Double-check for any errors or omissions before proceeding.
05
Send the request for quotation: Once the request for quotation is filled out correctly, it is time to send it to the identified suppliers. This can be done through email, fax, or any other preferred method of communication. Make sure to specify a deadline for their response.
06
Follow up with suppliers: After sending the request for quotation, it is important to follow up with the suppliers to ensure they have received it and to answer any questions they may have. This can be done through email or phone calls. Promptly address any concerns or queries to maintain a smooth communication process.
07
Evaluate the received quotations: Once the deadline for responses has passed, carefully evaluate the received quotations. Compare the prices, terms, and conditions offered by each supplier to determine the most suitable option for your needs. Consider factors such as quality, reliability, and reputation in addition to the quoted price.

Who needs a request for quotation?

A request for quotation is typically required by businesses or individuals who are seeking to purchase products or services from suppliers. This can range from small businesses procuring office supplies to large corporations sourcing specialized equipment or materials. Essentially, anyone looking to obtain competitive pricing and negotiate favorable terms from multiple suppliers can benefit from submitting a request for quotation.
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Request for quotation is a document used in procurement to request quotes from suppliers for the purchase of goods or services.
The procurement officer or purchasing department is typically responsible for filing the request for quotation.
To fill out a request for quotation, include details about the goods or services needed, quantity required, delivery deadlines, and any other relevant information for suppliers to provide accurate quotes.
The purpose of request for quotation is to gather pricing information from suppliers to make informed purchasing decisions and secure the best value for goods or services.
Information typically reported on a request for quotation includes item descriptions, quantities, specifications, delivery requirements, and any terms and conditions.
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