<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/63bf26dd198e4abc921f9dc966fb45aa&quot; frameborder=&quot;0&quot; width=&quot;1920&quot; height=&quot;1440&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1440</height><width>1920</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1440</thumbnail_height><thumbnail_width>1920</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/63bf26dd198e4abc921f9dc966fb45aa-14191c66632827f1-full.jpg</thumbnail_url><duration>266.581</duration><title>How RFQs Work in Ply, Simplified</title><description>This Loom explains how RFQs work in Ply, from creating a request to delivering materials. It describes an RFQ as a Request for Quote where buyers build specs, quantities, and delivery timelines, send the request to suppliers, and receive bids back in Ply. The RFQ board tracks eight statuses: Open Requests, Requests with Bids, Bid Selected, Transaction Complete, Logistics Finalized, Deliver, Expired, and Archived. It also covers creating an RFQ by pulling materials from a catalogue, sending via Ply or a link or PDF, generating a mixed bid based on best price or lead time, and placing a PO only after payment is completed.</description></oembed>