RFQ Guide
The Request for Quotation (RFQ) system on premial.eu allows buyers to describe what they need and receive competitive offers from multiple verified vendors — saving time and ensuring the best price.
What is an RFQ?
An RFQ is a formal request sent to vendors asking them to submit a price and delivery quote for a specific product or set of products. It is ideal when you know what you want but need to compare market prices, or when the product requires customisation.
How to Submit an RFQ
Step 1 — Log in to your buyer account on premial.eu.
Step 2 — Navigate to the RFQ section from your buyer dashboard.
Step 3 — Fill in the RFQ form:
- Product name and description
- Quantity required and unit of measure
- Target price range (optional but helps filter serious vendors)
- Required delivery date
- Preferred Incoterms (FOB, CIF, DAP, etc.)
- Destination port or address
- Any specific quality certifications required (CE, ISO, etc.)
- Attach any technical drawings or spec sheets if applicable
Step 4 — Submit. Your RFQ is distributed to vendors matching your product category.
Step 5 — Review Quotes. Vendors respond within the deadline you set. Compare prices, lead times, and vendor ratings.
Step 6 — Accept or Negotiate. Select the best offer or enter into further negotiation directly with the vendor.
Tips for a Strong RFQ
Be as specific as possible — vague RFQs attract generic quotes. Include product photos or samples if available. Set a realistic deadline (7–14 days is standard for international sourcing).
Need Help?
Contact our sourcing support team — we can help you structure your RFQ for the best results.