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Request for Quotation (RFQ)
Reference No.:201906ADMS2(045)ACNPSVP019Enduser Unit:ASSET MANAGEMENT Division date:July 03, 2019If further Information is
required, please contact:ASSET MANAGEMENT DIVISION
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How to fill out request for quotation rfq
How to fill out request for quotation rfq
01
To fill out a request for quotation (RFQ), follow these steps:
02
Start by providing your company's name, address, contact information, and any other relevant details.
03
Clearly state the purpose of the RFQ and the products or services you are requesting a quote for.
04
Include specifications or requirements for the desired products or services, such as quantity, quality standards, delivery dates, etc.
05
If applicable, provide any additional instructions or considerations for potential suppliers.
06
Include a deadline for submitting quotations and specify the preferred method of submission.
07
Make sure to provide your contact information for any inquiries or clarifications.
08
Review the RFQ thoroughly before sending it out to potential suppliers.
09
Distribute the RFQ to relevant suppliers or post it on appropriate platforms for wider reach.
10
Keep track of received quotations and evaluate them based on your requirements and criteria.
11
Once you have received and evaluated all the quotations, make a decision and notify the selected supplier.
12
Finally, ensure proper documentation and record-keeping for future reference and auditing purposes.
Who needs request for quotation rfq?
01
Request for quotation (RFQ) is needed by businesses or organizations that are looking to procure goods or services from suppliers. It is commonly used in procurement processes to gather detailed information and competitive pricing from potential suppliers. Any company or industry that requires products or services from external sources can benefit from using RFQs. Whether it's for purchasing raw materials, equipment, or outsourcing certain tasks, RFQs help streamline the procurement process and facilitate fair comparisons between different suppliers.
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