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Glossary / Lexicon

What is quotation preparation?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Quotation preparation is the process of making a specific offer to a customer. It usually involves a detailed analysis of the customer's requirements, determination of costs, preparation of a draft offer, negotiation of the price and final agreement on the offer. The goal of this process is to create a customized offer that meets the customer's needs.
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