What is an RFQ? 

In today’s business environment, procuring goods and services can be a tedious and inefficient process, especially when requests are handled manually through phone calls, e-mails, paper catalogs and faxes. Faced with this challenge, streamlining purchasing...

Key Steps in the Procurement Process 

The procurement process is critical to the success of any organization, not only enabling the efficient purchase of goods and services, but also ensuring that these purchases support strategic business objectives. A well-defined process is critical to maximizing...

What is a RFS? 

In the constant search for innovation and creative solutions, modern businesses are rethinking how they interact with outsourcing providers. Traditionally, the sourcing process has focused on detailed, prescriptive proposals, as seen in Request for Proposals (RFPs)...
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