The Request for Quotation (RFQ) is more than just a price request — it’s a strategic tool for construction companies to ensure they are getting the best value. With eProcurement platforms, creating and sending RFQs has never been easier or faster.
By reaching multiple suppliers at once, you can compare prices, delivery times, and product specifications side-by-side. This transparency not only helps in negotiating better deals but also builds trust with reliable suppliers.
Why RFQs Matter in Construction:
Cost Control: Multiple bids drive competitive pricing.
Speed: Send and receive quotations within hours, not days.
Clarity: Detailed product specs ensure accuracy in orders.
Supplier Diversity: Access to a broader network of vendors.
When paired with automated approval workflows, RFQs become the backbone of efficient procurement, helping projects move forward without delays or budget overruns.
Conclusion:
Embracing RFQs through digital platforms allows construction companies to make faster, smarter, and more cost-effective purchasing decisions
