17 min

Why an RFQ is so important to new product Importers‪?‬ Behind The Imports

    • Entrepreneurship

The Ultimate Time-Saving Hack When Starting Work With Suppliers

 I am the first to admit that this is not the most entertaining of subjects to sit through. But bear with me as this small hack will teach you what and RFQ is, how it can help you Source the items that you need from anywhere in the world. 



If you are a hardware startup looking to get off the ground, then these are the topics that you need to know.  What Is An RFQ? An RFQ stands for request for quotation, (I apologise if I am teaching you to suck eggs here), trust me it gets a bit more informative than this…  



Now, a request for quotation is the most overlooked piece of documentation in purchasing interactions. Simply, it’s the instructions to a vendor (supplier) to supply you with a price of something that you need, that they have, or, the ability to produce. You are providing an opportunity for a group, to swap money for goods or services.  



Merchsprout.com

The Ultimate Time-Saving Hack When Starting Work With Suppliers

 I am the first to admit that this is not the most entertaining of subjects to sit through. But bear with me as this small hack will teach you what and RFQ is, how it can help you Source the items that you need from anywhere in the world. 



If you are a hardware startup looking to get off the ground, then these are the topics that you need to know.  What Is An RFQ? An RFQ stands for request for quotation, (I apologise if I am teaching you to suck eggs here), trust me it gets a bit more informative than this…  



Now, a request for quotation is the most overlooked piece of documentation in purchasing interactions. Simply, it’s the instructions to a vendor (supplier) to supply you with a price of something that you need, that they have, or, the ability to produce. You are providing an opportunity for a group, to swap money for goods or services.  



Merchsprout.com

17 min