Interested to Buy Any Domain ? << Click Here >> for more details...
What is meant by RFQ?
- 4 Answers
- 11895 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / suma
request for quotation. the purchase dep creating the rfq and
send to the supplier .
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / yogesh
RFQ terms is widely used in Purchasing context,it means
request for quotation . This is prepared to request
supplier to send his quotation for mentioned items and
quantities. Supplier send its quotation to buyer, which
buyer enters into application.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / kranthioracle
there are three types of rfq
standard rfq--- one time purchase
bid rfq --- when the items are less & cost is more
ex- diamond
catalog rfq --- when the items are more & cost is less
ex- nuts ,bolts, ect
if we enable rfq at the site level we cant riase a qfq from
that site.
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / babitha.b
RFQ(Request for quotation) is an invitation to a vendor to
indicate his terms and condition (in particular his price)
for the supply of material or the provisions of a service
by submitting a quotation. As in the case of purchase
requisition,the RFQ identifies the material, quantity, and
delivery date.
3 types RFQ:
1.Standard RFQ: Created for one type of purchase item.
2.Catalog RFQ: Create for frequently order items.
3.Bid RFQ: Created for items where organization request to
deliver on a specific location,date,specific quantity.
| Is This Answer Correct ? | 1 Yes | 0 No |
I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia
What are the steps involved in connecting reporting set of books to primany set of books. How to translate from Functional to Reporting currncy every month or daily?
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
Why should i attach the Natural Account flex field qualifier to the segment?
WHAT IS CLEARNCE METHOD IN AR ?
While Performing Data Migration from Legacy system to Oracle what are the requisites you will perform as a functional consultant for GL, AP, AR, and PO.
Explain automatic offset in AP.
How to transfer the funds between internal banks
can you explain about RD-20,MD-50,TE-40,BR-40 under aim methodoloty what it consists, how do you prepare them
How many key flexfield in Receivables ?
How can a person done a course in DSRC 11i functionals can get job outside? All companies need minimum 1-2 years of work experience I finished CA-Inter,MBA_Finance and M.Com., Please advice me how can I enter in to software oracle field Iam currently working in BPO as an oracle enduser
What are the steps to define a Bank?
Oracle Apps Technical 
