In the fast-paced world of online trading, efficiency is paramount. To achieve this, many businesses are embracing robust Enterprise Resource Planning (ERP) systems. An effective ERP can seamlessly integrate all aspects of a trading operation, from order management, to riskassessment and financialtracking. This level of interconnectedness enables t
Request for Quotation
A Request for Quotation (RFQ), often shortened to RFQ, is a formal communication sent by a buyer to suppliers seeking quotes on products or works. The RFQ provides detailed information about the required products, allowing suppliers to submit comprehensive estimates. After review of the submitted quotes, the buyer can then choose a contract to the