ERPNext Purchase
What is Request for Quotation (RFQ)?
- Request for Quotation (RFQ)
- A Request for Quotation in ERPNext is sent to multiple suppliers to invite price offers for specified items, enabling competitive procurement.
Creating and Sending an RFQ
Go to Buying → Request for Quotation → New. Add items and quantities, then add multiple suppliers. Submit to generate a Supplier Quotation link per supplier. ERPNext can email the RFQ to each supplier automatically using the configured email template.
Comparing Supplier Quotations
After suppliers respond, view all quotations in Buying → Supplier Quotation. Use the "Request for Quotation" Supplier Comparison report to compare item rates side by side. Select the winning supplier and create a Purchase Order from their quotation with one click.
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Related Terms
Supplier Quotation
A Supplier Quotation in ERPNext records the price offer received from a supplier…
Purchase Order
A Purchase Order in ERPNext is a confirmed procurement document sent to a suppli…
Supplier
A Supplier in ERPNext is the master record for a vendor or service provider, sto…
Material Request
A Material Request in ERPNext is an internal requisition to procure, manufacture…
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