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REQUEST FOR QUOTATION: SCM TRAINING Date of Issue: 13/10/ 2023 Closing Date: 20/10/ 2023 at 16h00 Quotation Reference Number: RFQ 3030/2023 ItemQuotationQuantity RequiredDelivery PeriodNumber DescriptionPrice

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How to fill out request for quotation scm

01

To fill out a request for quotation (RFQ) in the supply chain management (SCM) process, you can follow these steps:

02

- Gather all the necessary information about the goods or services you require.

03

- Identify the preferred suppliers or vendors for the goods or services.

04

- Prepare a clear and detailed description of the goods or services, including specifications, quantity, and any required certifications.

05

- Determine the required delivery date or timeframe for the goods or services.

06

- Include any terms and conditions that are important to your organization, such as payment terms or warranty requirements.

07

- Contact the chosen suppliers or vendors and provide them with the RFQ document.

08

- Give the suppliers or vendors a reasonable deadline to submit their quotation.

09

- Evaluate the received quotations based on factors like price, delivery time, quality, and supplier's reputation.

10

- Select the supplier or vendor that best meets your requirements and negotiate any necessary details.

11

- Prepare a purchase order based on the accepted quotation and provide it to the selected supplier or vendor.

12

- Monitor the delivery and fulfillment of the goods or services to ensure compliance with the agreed terms and conditions.

13

- Keep records of the RFQ process and the selected suppliers or vendors for future reference.

Who needs request for quotation scm?

01

Companies or organizations involved in the supply chain management process may need to use a request for quotation (RFQ) in order to gather information and quotes from potential suppliers or vendors. This can help them evaluate different options and make informed decisions regarding the procurement of goods or services. Various stakeholders in SCM, such as procurement teams, purchasing managers, or supply chain professionals, may be responsible for initiating and managing the RFQ process. Additionally, other departments within a company, such as sales, marketing, or engineering, may also require RFQs to source materials, components, or services necessary for their operations.

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What is request for quotation scm?

A request for quotation (RFQ) in supply chain management (SCM) is a document that solicits price and other information for specific goods or services from suppliers.

Who is required to file request for quotation scm?

Typically, businesses or organizations seeking to procure goods or services must file a request for quotation.

How to fill out request for quotation scm?

To fill out a request for quotation, specify the items or services needed, quantity, delivery timelines, and any terms or conditions that apply.

What is the purpose of request for quotation scm?

The purpose of an RFQ in SCM is to obtain competitive bids from suppliers to ensure that procurement decisions are informed and cost-effective.

What information must be reported on request for quotation scm?

Information that must be reported includes item descriptions, quantities, required delivery dates, payment terms, and any specifications or qualifications.

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