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
Included with
Recommended experience
What you'll learn
Learners will identify mandatory RFQ data fields and use templates to collect, compare, and track vendor pricing for procurement.
Details to know

Add to your LinkedIn profile
January 2026
See how employees at top companies are mastering in-demand skills

Build your subject-matter expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate

There is 1 module in this course
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Instructor

Offered by
Explore more from Business Essentials
Why people choose Coursera for their career

Felipe M.

Jennifer J.

Larry W.

Chaitanya A.

Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy
¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.





