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REQUEST FOR QUOTATION Company: Requested: Address City State Zip Code Country Required: Buyer: RFQ# email: Phone #: Fax #: Buyer Quantity General Part# Description Target Price Quantity Unit Price
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How to fill out request for quotation

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How to fill out a request for quotation:

01
Start by providing your company's contact information at the top of the document. Include your company name, address, phone number, and email.
02
Next, specify the date on which the request for quotation is being filled out. This will help with tracking and organizing the RFQs.
03
Include a clear and concise title or subject line that describes the products or services you are requesting quotations for. This will help suppliers understand the purpose of the request.
04
In the body of the RFQ, provide a detailed description of the products or services you require. Be as specific as possible, including any technical requirements, quantities, packaging needs, and delivery deadlines.
05
Specify any additional documentation or supporting materials that suppliers need to include with their quotations, such as product samples, certifications, or references.
06
Indicate the preferred delivery method for quotations, such as email, fax, or physical mail, and provide the necessary contact information.
07
Specify the deadline for submitting quotations. This ensures that suppliers are aware of the timeframe within which they need to provide their prices and other relevant details.
08
If applicable, include any evaluation criteria that will be used to assess the quotations, such as price, quality, or past performance.
09
Finally, sign and date the request for quotation to indicate its authenticity and ensure that it is considered a formal document.

Who needs a request for quotation?

A request for quotation is typically needed by organizations or individuals who are looking to purchase goods or services from external suppliers. This includes businesses of all sizes, government agencies, non-profit organizations, and even individual consumers. By sending out a request for quotation, the requester can gather price quotes and other relevant information from multiple suppliers, allowing them to compare options and make informed decisions regarding their procurement needs.
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Request for Quotation (RFQ) is a document used in procurement to invite suppliers to submit a bid for the purchase of goods or services.
The procurement or purchasing department within an organization is typically responsible for filing request for quotation.
To fill out a request for quotation, include details about the desired goods or services, quantities needed, delivery requirements, and any other pertinent information for potential suppliers.
The purpose of a request for quotation is to gather competitive bids from suppliers to ensure the best value for the goods or services being procured.
Information such as the description of goods or services needed, quantities, specifications, delivery requirements, deadline for submission, evaluation criteria, and terms and conditions should be reported on a request for quotation.
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