what is the deferent between PO and RFQ?
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HI,
In the simplest way, we can say RFQ is draft record and PO is confirmed records. RFQ's are quotations we have received from the supplier for a intended purchase and as there can be multiple RFQ's from different suppliers, we will select one among them, which is best for us and it will be confirmed as a PO.
Thanks & Regards
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