The Request for Quote (RFQ) process varies from company to company depending on your spend and the amount of staff designated to the procurement function. For many organizations, having access to reliable RFQ Templates is essential for standardizing and compliance. Well designed RFQ Templates help Buyers streamline repetitive tasks, reduce errors, and ensure that every […]

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The benefits of a site supplier audit are many. Having assurances in respect to supply, environmental compliance, safety standards and quality measures are the primary reasons we complete them. And finding the right suppliers has never been more important than today. The global recession has added additional pressures on the very survival of many companies. […]

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A letter of intent, commonly known as a LOI can be used by a Purchasing Manager to move a tender result forward. You are ready to take the next step with a vendor or supplier in respect to an offer which has been made and it is usually in response to a formal tender, request […]

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How is a Notification of Award different from a standard award letter issued by a purchasing department? In short, they’re essentially the same document. Both serve the same purpose and perform the same functions. In this series of posts, we’re sharing sample letters you can use during the Request for Quote (RFQ) or Request for […]

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