video1.0<iframe src="https://www.loom.com/embed/3896b00f288449419529fff7da5ba471" frameborder="0" width="1310" height="982" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>9821310Loomhttps://www.loom.com9821310https://cdn.loom.com/sessions/thumbnails/3896b00f288449419529fff7da5ba471-20f2d02ec119483b.gif619.487In this video, I introduced the simple RFQ process, which offers more flexibility compared to the normal RFQ. I explained how to create a simple RFQ, emphasizing that you can use your own bid sheet or allow suppliers to respond in their preferred format. I also highlighted the importance of including a total price and lead time for easier comparison. As we move forward, I encourage you to utilize the templates feature for efficiency. Please watch the next video for guidance on comparing quotes in Excel.