It is inevitable for businesses to have a transparent dialogue out in public about their services.
That is how your potential clients know about your products. RFQ which stands for request for quotation indicates a process where a buyer seeks information about the product/service in focus. Such a procedure is necessary to define the service inclusions the client will be offered. To float RFQ is to ask the potential vendor about their base price, product description, and duration to execute the complete project. It is a two-way interaction where both sides get to know about the market benefit they will have with the deal.
Why is it so important to quotes on request? The very first reason would be that disclosing a piece of tailored information clears the air between two parties regarding vital aspects of the agreement.
Not just that, once the client is certain about the aligning goals, they are more likely to source the products you have to offer. Let us just say it is an essential part of a trust-building process between a supplier and a purchaser.
Enggpro is a world’s leading engineering platform with a winning RFQ format with a simple user interface.