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1REQUEST FOR QUOTATION (RFQ)To:Supplier Name:. From: Those Mafia Supply Chain Management PRAS ACRES 2nd Floor Tippet Building 91 Risk Street Bloemfontein Tel: 011 013 1687Tel:......................................................

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How to fill out request for quotation rfq

01

Gather all necessary information such as product/service details, quantities, specifications, and delivery requirements.

02

Identify suppliers or vendors that you want to request quotes from.

03

Create a formal RFQ document outlining your requirements and expectations.

04

Send the RFQ to the selected suppliers either via email or through a procurement platform.

05

Set a deadline for suppliers to submit their quotes.

06

Review and compare the received quotes based on pricing, quality, and terms.

07

Select the supplier that best meets your needs and negotiate further if necessary.

08

Close the deal by awarding the business to the chosen supplier.

Who needs request for quotation rfq?

01

Any individual or organization looking to procure goods or services from external suppliers

02

Businesses that want to compare pricing and quality from different suppliers

03

Procurement departments in companies that need to streamline their purchasing process

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What is request for quotation rfq?

RFQ is a document used in procurement to request quotes from vendors for specific products or services.

Who is required to file request for quotation rfq?

Any organization or individual looking to purchase goods or services from vendors.

How to fill out request for quotation rfq?

RFQs typically include details about the requested products or services, delivery requirements, pricing information, and any specific terms and conditions.

What is the purpose of request for quotation rfq?

The purpose of an RFQ is to gather pricing information and proposals from vendors to compare and select the best option for procurement.

What information must be reported on request for quotation rfq?

Information such as product or service specifications, quantities needed, delivery requirements, pricing details, and any special terms or conditions.

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