RFQ Management Process
This chapter covers the following topics:
- The difference between RFQs and RFPs.
- How to manage the RFQ process.
- Important documents to include in the RFQ.
At this point in the strategic sourcing cycle, we will focus on answering the following questions:
1. When should I use an RFP and when should I use an RFQ?
2. What do I need to do while preparing an RFQ?
3. What documents should I include in the RFQ?