What is RFQ?

RFQ is an abbreviation for Request for an offer or for the offer . This is the request that the company issues when it wants to hire a supplier to perform work; In principle, RFQ is a way to encourage suppliers to oppose each other. The company then selects one of the applicants to take the work. This allows potential customers to contact him and request prices for services or products. The online form can help encourage potential customers to make a purchase because instead of passive internet browsing requires an action. Although the difference in terms may be confusing, RFP and RFQ are basically the same: the invitation of the supplier to offer. Although the idea of ​​RFQ is relatively simple, it is still a business document and as such is divided into several important sections. The first part can be called "Organizational Overview" or similar deadline and contains basic information about the company.

Another important part of RFQ is often called "desired outputs". This part describes what the final task product must be. For example, if the company is looking for a technical writer contract that builds a software manual, the manual itself will be listed in this section. RFQ can also describe any features that a company wants to have a manual, such as color images, specific sections or a certain type of binding.

The third part is the part "assumptions and agreement". This describes the conditions of tasks such as the project budget, the limit of the offer, what types of travel expenses or on DIEM will provide the process used to approve the product or materials and SO. By submitting the offer, the supplier agrees with these terms. RFQ also provides information for suppliers to be used to build an offer. This information may include a deadline for submitting an offer, information that must be considered by the Documentation of the offer or proposal, and the factors to determine,Which offer will the company choose.