Understand the Request for Quotation (RFQ)

Third-Party Witnessing and Factory Acceptance Test in Procurement

Third-party witnessing and Factory Acceptance Tests help buyers verify equipment before shipment. Learn how FAT supports RFQs, supplier delivery, risk control, and shipment release decisions.

How Professional Buyers Can Use ChatGPT in Procurement in 2026

Learn how buyers can use ChatGPT in procurement for RFQs, supplier research, negotiation preparation, contract support, and supplier management — with practical governance and risk guidance.

Business Contingency Planning in Procurement: How Buyers Reduce Supplier Disruption Risk

Business Contingency Planning in procurement helps buyers reduce supplier disruption risk. Learn how BCP connects to RFQ, supplier qualification, contracts, supplier management and procurement policy.

ECCN HS should be part of RFQ illustration

ECCN, AL and HS Codes in Procurement: RFQ Data Buyers Need for Export Control and Customs Cost

Buyers need more than unit price when sourcing internationally. Learn why ECCN, EU dual-use classification, HS code, CN/TARIC code, country of origin, Incoterms and customs data should be requested in RFQs and...

Selecting an E-Sourcing Tool Provider: Why Adoption Matters More Than the Provider List

In procurement, selecting an e-sourcing tool provider often starts with the wrong question: “Which provider should we choose?” A better question is: “How will we get buyers, stakeholders, and suppliers to actually...

Require Suppliers to Be ISO 9001 Certified? A Procurement Guide

A tactical buyer may need to select a supplier for a component, product, service, or production process where poor quality can create delivery problems, customer complaints, rework, warranty cost, safety issues, or...

Performance Warranty in Procurement: A Basic Guide for Buyers

A supplier can promise many things before a contract is signed. But for a buyer, a promise is not enough. The real question is: What happens if the supplier’s product or service...

How do I learn to negotiate as a professional buyer

In procurement, many buyers discover the need for negotiation the hard way. A supplier increases the price.A delivery date is missed.A quotation is higher than expected.A stakeholder wants a fast decision.A supplier...

From Market Analysis to Supplier Shortlist: How Buyers Use RFI Before RFQ/RFP

From a buyers perspective a market analysis (RFI) answer some very important questions. "How many suppliers are available?" is one of them. But there is more.

Negotiation Tips for Buyers: How to Use Bracketing and Small Price Steps

Many buyers enter supplier negotiations with a clear target but lose control once the supplier starts moving the discussion. A supplier may anchor high, reduce the price in large steps, or push...

The Procurement Framework blog at LHTS

Tag: RFQ