Archive Tag: RFQ

Evaluating your Spend

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Every business should have a clear understanding on their operating costs and should be constantly evaluating this spend regardless of size or how big your company is. What does it […]

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How our Quotation Forms can Help

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Creating a procurement form from scratch is not in every business manager’s top 20 list of items they want to be doing at work each day. For most of us, […]

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RFQ and RFP Template Packs

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RFQ and RFP Template Packs: Most of our readers are aware the RFQ and RFP Template Packs you see in the margin have been subsidized by the company in order […]

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Tender Response How To: Tendering skills are a critical component of the professional buyer’s job description however, responding to a tender or RFQ is vital to the success of any […]

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Free Template Pack: Our FREE template pack contains a cross section of documentation: Document ID Number (Doc)  Doc1 – Request for Quotation Template, Doc2 – Invitation to Bid Letter, Doc4 […]

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The Use of Quotations

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Quotations are requested when the size of the requisition or proposed commitment exceeds a minimum dollar amount stipulated usually by policy in the organization of the bidder: for example, $500.00. […]

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Standard RFQ: Template #RFQ37 can be used for publishing a  standard or simple RFQ. Valuations and risk to the bidder do determine complexity of the request for quote document you […]

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RFP – What is it?

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Request for Proposal – RFP: What is a RFP and how and when should a procurement professional utilize it. A Request for Proposal (RFP) is an invitation to Vendors to […]

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Purchasing Glossary or Buzzwords

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RFQ – RFP Glossary Buzzwords Ever wonder what some of the terms used by Materials Managers and Purchasing Agents mean? Terms like RFQ, FOB, DNR , or a RFP, Vendor, […]

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When to use a RFP versus a RFQ

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Using an RFP versus a RFQ: This is a good question and one we hear often. We will try our best to provide a simple answer to help you make […]

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Letter of Intent-LOI or Letter of Understanding-LOU: For larger contracts or big dollar supply agreements, some corporations prefer to start a relationship by issuing a letter of intent (LOI) to […]

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Award Letter for RFQ | RFP

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Award Letter for RFQ or RFP: Out of all the letters a Buyer will pen during a work day, the Award Letter for an issued RFQ | RFP is the […]

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RFQ-Request for Quotation: RFQ is the acronym for Request For Quote or Request For Quotation. An RFQ is a request a company tenders when they have a material or service […]

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Quoting Software

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Quoting Software: Our RFQ software or quoting software has been released. Visit RFQPro  Software. We do understand that you might be looking for other forms of quote software, however if […]

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