In the fast-paced world of online trading, efficiency is paramount. To achieve this, many businesses are adopting robust Enterprise Resource Planning (ERP) systems. An effective ERP can effectively integrate all aspects of a trading operation, from order management, to risk mitigation and financial reporting. This level of synergy facilitates trade
Request for Quotation
A Quote Request, often shortened to RFQ, is a formal document sent by a organization to suppliers seeking quotes on defined requirements. The RFQ provides detailed information about the required products, allowing suppliers to submit competitive estimates. Following review of the submitted offers, the buyer can then choose a contract to the most s