Quoting & Procurement Terminology

This section explains key terms related to quoting and procurement in sheet metal fabrication.

Quoting and procurement terminology defines the ground rules of commercial transactions. Understanding it helps you move beyond simply accepting prices and take a more strategic role in managing costs and optimizing the supply chain. More than just leverage in negotiation, it is also a foundation for profitability and long-term competitiveness.

  • Order Confirmation Date

    What Is an Order Confirmation Date? Definition in Procurement and ERP Systems In most procurement systems, the order confirmation date [...]

  • RFQ

    Note: In some industries, especially construction and government services, RFQ may also mean Request for Qualifications. That process focuses on [...]

  • Inspection Standards

    Types of Inspection Standards in Sheet Metal Fabrication International and Industry Standards Most sheet metal inspection standards are based on [...]

  • Surface Finish

    What Is Surface Finish? Surface finish, also referred to as surface texture or surface quality, describes the geometric condition of [...]

  • Technical Drawing

    A technical drawing is a standardized, dimensioned document used to communicate the exact geometry, material, tolerances, and manufacturing requirements of [...]

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