Running an RFQ end to end
From a clear spec to a documented decision — the sourcing flow, step by step.
The sourcing flow, from a clear spec to a decision you can defend.
1
Define the need
Lock down quantities, standards, delivery, and terms. A precise spec is what makes quotes comparable.
2
Shortlist & issue
Send one identical RFQ to several qualified suppliers — same scope, format, and deadline.
3
Compare on total cost
Score responses on price, lead time, quality, and terms — not the sticker price alone.
4
Decide & record
Award, and capture who you considered and why. The trail turns a judgement call into a defensible decision.
this is SourceWright
It's in the works.
SourceWright is in development — join the waitlist for early access.