# Maritime RFQ and Quotation Software

> NOZZLE Maritime RFQ and Quotation Software sends requests for quotation to suppliers, collects quotes through the supplier portal and compares them side by side, so buyers award the best offer — part of the NOZZLE Procurement platform.

Source: https://nozzlesoft.com/solutions/maritime-rfq-quotation-software/  
Language: en


## What is maritime RFQ and quotation software?

Maritime RFQ (request for quotation) and quotation software lets a ship operator
send a purchase requirement to suppliers, collect their quotes and compare them
like for like before committing to an order. NOZZLE handles this as part of the
[Procurement](/solutions/maritime-procurement-management-software/) platform.

NOZZLE turns an approved requisition into a request for quotation, sends it to
selected suppliers, and collects their responses through the supplier portal, with
every quote linked to the original requirement. Quotations are laid out for a
side-by-side comparison on price and terms, and the selected quote can be awarded
straight to a purchase order — with the decision recorded to support supplier
evaluation and audits.

RFQ and quotation works with the wider procurement capabilities:
[purchase order management](/solutions/purchase-order-management-software/),
[stock control](/solutions/stock-control-software/) and
[budget and cost control](/solutions/maritime-budget-cost-control-software/). Book
a [demo](/request-demo/) to see quotation comparison with your suppliers.


## Key features
- Requests for Quotation
- Supplier Portal
- Price Comparison
- Award to Purchase Order


## Capabilities

### Turn one requisition into competing quotes
_Request for Quotation_

Buying without competing quotes leaves money on the table. NOZZLE turns a requisition into a request for quotation, sends it to selected suppliers, and collects their responses in one place so every purchase can be tested against the market.

* Generate an RFQ from an approved requisition * Send to one or more suppliers * Collect quotations through the NOZZLE supplier portal * Keep every quote linked to the original requirement

### Compare quotes side by side, then award
_Quotation Comparison_

NOZZLE lays supplier quotations out for a like-for-like comparison on price and terms, so buyers can award the best offer and convert it straight into a purchase order — with the decision recorded for audit and supplier evaluation.

* Side-by-side quotation comparison * Award the selected quote directly to a purchase order * A record that supports supplier evaluation and audits

## Frequently asked questions

### What is maritime RFQ software?
Maritime RFQ (request for quotation) software lets a ship operator send a purchase requirement to suppliers, collect their quotes and compare them before ordering. In NOZZLE this is part of the [Procurement](/solutions/maritime-procurement-management-software/) platform.

### How do suppliers submit quotes?
Suppliers submit quotations through the NOZZLE supplier portal, and each quote stays linked to the original requisition and RFQ so responses are easy to track and compare.

### Can I compare quotations side by side?
Yes. NOZZLE presents supplier quotations for a like-for-like comparison on price and terms, and the selected quote can be awarded directly to a purchase order.

### How does RFQ relate to purchase orders?
An RFQ follows an approved requisition and, once a quote is selected, converts into a purchase order. See [Purchase Order Management](/solutions/purchase-order-management-software/).

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NOZZLE — Ship Management Software · https://nozzlesoft.com/ · info@nozzlesoft.com · Request a demo: https://nozzlesoft.com/request-demo/