Quotes General

Payment Terms Defined

Thursday, February 25th, 2010

Payment terms are an area in the RFQ process which is often overlooked or forgotten. Some commonly used payment terms would be Net 30 days, 2%/10 Net 30 days and there are many more.  (To help  get a better understanding we have included a glossary of payment terms you can download for free at the [...]

Purchasing Glossary or Buzzwords

Monday, December 22nd, 2008

Ever wonder what some of the terms used by Materials Managers and Purchasing Agents mean? Terms like RFQ, FOB, DNR , or a RFP, Vendor, Standing Order Agreement.  Although, these acronyms / terms are used frequently and recognized in the field, it is always a good idea to add them in their full context [...]

When to use a RFP versus a RFQ

Wednesday, October 1st, 2008

This is a good question and one we hear often. We will try our best to give you a simple answer to help you make a determination when performing your purchasing duties.
Documents issued by the Purchasing group can be an RFQ (request for quote), RFI (request for information), RFP (request for proposal), or ITQ (invitation [...]

Sample Letter of Intent (LOI) or Letter of Understanding (LOU)

Monday, July 14th, 2008

For larger contracts or big dollar supply agreements, some corporations prefer to issue a letter of intent (LOI) to the successful bidder. This sample letter can be used to get the ball rolling until formal contract documents are drawn up and executed by the involved parties.
This sample letter of intent or letter of understanding covers [...]

Bid on a Convertible! It’s Summer!

Thursday, April 17th, 2008

HO SCALE AUTO 1932 GRAHAM-PAIGE CONVERTIBLE
US $5.99 (0 Bid)
Auction Ends: Wednesday Mar-10-2010 18:40:24 PST
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Protected: Welcome Pack Download Link

Monday, February 25th, 2008

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Quoting Software

Saturday, January 26th, 2008

Looking for software to make it easier to quote to your clients the services or products your business provides?

Invoice / Quote Software For Small Engine Repairs
US $39.99
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