FEATURE FAQS

What is the difference between an RFQ (request for quotation) and an RFP (request for proposal)?

A request for quotation (RFQ) is used as a sourcing event to gather pricing offers from suppliers. On a request form in Tradogram, users are able to control which fields they require for the supplier to complete and edit, including pricing details.

A request for proposal (RFP) is used as a sourcing event to gather details about the items (including both goods and/or services) that can be offered by suppliers. On a request form in Tradogram, users are able to control which fields they require for the supplier to complete and edit, including fields for providing item details and attaching specification documents.

Both RFQs and RFPs are managed by using the same flexible request form on Tradogram.

FEATURE FAQS

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