RFQs: Solicit and Track Pricing is a beginner-level course designed for anyone looking to master a core procurement function. In today's competitive business environment, making smart, cost-effective purchasing decisions hinges on a structured, fair, and transparent process. This course demystifies the Request for Quotation (RFQ) process, moving beyond simple definitions to provide a practical, step-by-step guide on how to identify mandatory data fields and apply a standardized template to solicit and track vendor pricing. You will explore real-world case studies, engage in hands-on activities to build your own RFQ, and learn to use a tracking system to manage responses. Whether you are new to a procurement role or occasionally handle purchasing tasks, this course will equip you with the foundational knowledge to manage the quoting process confidently, ensuring you can gather clear, comparable pricing and make sharp, data-driven sourcing decisions.

RFQs: Solicit and Track Pricing

RFQs: Solicit and Track Pricing
This course is part of Strategic Sourcing & Supplier Selection Specialization

Instructor: LearningMate
Access provided by ExxonMobil
Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
1 hour to complete
Flexible schedule
Learn at your own pace
What you'll learn
Learners will identify mandatory RFQ data fields and use templates to collect, compare, and track vendor pricing for procurement.
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Taught in English
Recently updated!
January 2026
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This course is part of the Strategic Sourcing & Supplier Selection Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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