Also called returning exports, where products are manufactured and designated for export, then exported in order to avoid domestic taxes, and subsequently smuggled back into the original jurisdiction.

Request for Quotation (RFQ)

A document that solicits quotations from suppliers often as part of a bidding process, by an agency interested in procuring a commodity or service. An RFQ is used when a quote is needed for a specific need and solution.

Rotary printing press

A printing press in which the images to be printed are curved around a cylinder. Today, there are three main types of rotary press: offset (including web offset), rotogravure, and flexography.

Request for Information (RFI)

A common business process for collecting written information about the capabilities of various suppliers. Normally it follows a format that can be used for comparative purposes. An RFI is primarily used to gather information to help make a decision on what steps to...