Requesting a quote is an integral part of procurement. It’s when you formally ask potential suppliers for pricing and other information about the goods or services you need to buy. By requesting quotes, companies can efficiently compare prices, services, and quality – which ultimately helps them get the best deal. Quote requests give companies the opportunity to accurately budget their purchases while also ensuring they receive quality goods or services at a fair price. They also ensure that vendors are aware of the company’s needs and have sufficient time to respond with accurate quotes. In short, requesting a quote is one of the most important steps in the procurement process!