What is requisition for quotation (RFQ)?
Answers were Sorted based on User's Feedback
Answer / gurmeet singh
Sometimes the buyer decides a request for quotation (RFQ)
is required by other suppliers to determine the best price
for the goods or services requested. Once the quote is
back, that information is used to finalize the purchase
order.
Is This Answer Correct ? | 10 Yes | 3 No |
Answer / kishore
An RFQ is a formal application or proposal to a supplier of
goods and services who can be evaluated and qualified
generally based on the written documents (quotes). These
quotes basically determines the pricing/contract
agreements. Once the supplier is qualified, the bid is
awarded by the Central purchasing department.
Is This Answer Correct ? | 2 Yes | 0 No |
Why do you feel that action was necessary?
0 Answers John Clark Motor Group,
How did you go about it?
0 Answers John Clark Motor Group,
Doing an MBA thru Distance Education which University is best 1.Anna University-Chennai (or)2.Bharathidasan University-Trichy.
What goals do you have in your career?
career path of MIS Manager (non IT)
Software for managing jewelers?
Being a researcher in marketing company, how can you search the opportunities and monitor the threats of your product?
what is the difference between improving personal effenciency & improving problem solving in relation with mdss?
A. What kind of decisions is a manager generally required to make in the organizational context? Explain with examples as to which of these correspond to programmed and non-programmed categories B. Discuss various strategies used in implementing organisational change in the context of a large manufacturing company.
survivor management
Imagine yourself as a manger of TISCO, Jemshedpur, how will you motivate the employees to achieve more production?
If you are made the campaign leader for a particular political party. How will you use your leadership skills to motivate your party men to ensure success of the party men to ensure success of the party nominee in the elections ? (Focus on the individual , motivate and apply leadership style).