What information do vendors provide in response to an RFQ?

When vendors respond to a Request for Quotation (RFQ), they primarily provide information about pricing and delivery times. This is a crucial aspect of the procurement process, as organizations use RFQs to solicit competitive bids from suppliers to ensure they receive the best possible prices and terms.

Vendors outline the costs associated with the products or services they are offering, alongside the timelines for delivery. This information enables the purchasing organization to compare offers from different suppliers and make informed decisions regarding which vendor to select based on their pricing strategies and ability to meet delivery schedules.

Other options, while potentially relevant in different contexts, do not typically form the core content of an RFQ response. Terms and conditions are usually discussed after a vendor is selected, projected sales forecasts pertain more to the vendor's internal strategy and performance projections, and market research data is not something vendors generally share in response to an RFQ. Thus, pricing and delivery times are the essential factors being communicated in these scenarios.