Quotation in purchasing is called request for quotation (RFQ) or draft purchase order. It's an early stage of purchase order which there are no confirmation yet from the supplier about the price or the availability of the product.
The status will be changed to purchase order if our supplier already confirmed the price and availability of the product that are stated in the quotation.
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|Asked: 7/17/13, 5:32 AM|
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|Last updated: 3/16/15, 8:10 AM|