Request for Quotation
What is RFQ?
RFQ is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services.
RFQ stands for Request for Quotation. RFQ is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services.
The term matters when teams need a shared definition across planning, finance reviews, sales reporting, and weekly execution conversations. Without a common definition, the same metric can drift in meaning across functions.
Inside OKRindo, RFQ is most useful when it is tied to a decision. Use it to review progress, surface risk early, and choose the next action with clearer context.
The term matters when teams need a shared definition across planning, finance reviews, sales reporting, and weekly execution conversations. Without a common definition, the same metric can drift in meaning across functions.
Inside OKRindo, RFQ is most useful when it is tied to a decision. Use it to review progress, surface risk early, and choose the next action with clearer context.
Quick definition
RFQ is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services.
How teams use it
Add RFQ to the weekly review rhythm so everyone interprets the term the same way before changing targets, forecasts, or priorities.
Turn definitions into execution
Ready to track RFQ inside a weekly execution system instead of spreadsheets?
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