RFQ's and Quotations Cont2...

Create BID RFQ from Requisition.
Navigation: MCR PO > Auto Create > Clear default values > Clink on Find
The below screen will open with approved Requisitions list. Select the 4001 requisition check box and change the Document Type as RFQ and click on Automatic button. Select the RFQ Type as Bid RFQ and click on Create


Here we do not have Price Breaks, instead we have shipment details. Click on shipment button.

Change the status to Active and Save the record and create print and send it to supplier for Quotation.

Quotations

When a supplier responds to a Request For Quotation (RFQ), either verbal or written, you need to have a record of the pricing and terms commitments that are made.  You have several options to record quotation information:

·         You can manually enter the quotation in the system.

·         You can use the Copy Documents window to create quotations directly from RFQs.

·         Use a SQL*Loader script to load a flat file into the Purchasing Documents Open Interface.

·         Use the e-Commerce Gateway to load 832/PRICAT.

A quotation is a statement of the price, terms, and conditions of sales a supplier offers you for an item or service.

Quotation Life cycle

RFQ's and Quotations Continuation...