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Pricing Quotation RFQs

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7 min readUpdated

An RFQ is a purchasing request that collects supplier information before you prepare a quotation. Use it to record the shared Pricing Quotation information, requested items, supplier requirements, and the route you use to submit the request or move it into quotation work.

If you need to…Go to
Understand how Pricing Quotations fit into the wider work listPricing Quotation
Create or work an RFQBefore you start, then Complete and save the RFQ
Send the request or mark it submittedSend the RFQ or mark it submitted
Continue with quotation detailsPricing Quotation quotations
Work from the active Pricing Quotation listsPricing Quotation active lists
Handle an RFQ in an exception listPricing Quotation exception lists

Before you start

Have the purchasing information and the requested items ready before you create the record. The RFQ panel is the part of the record where you enter supplier and deadline information. It is available when an inquiry exists and the purchasing job is after Unknown and before Offer, or when the job is Deleted. The panel body opens while its inquiry is open.

Prerequisites

You needWhy it matters here
A saved or new Pricing Quotation recordSave is available for an editable saved record when the inquiry is new or changed.
The purchaser and product typeThese are required record-information fields.
The package titleThis identifies the shared record.
The supplier, RFQ date, and requested bid informationThese complete the RFQ panel; Required Offer Type and Required Bid Due Date are required only where your company configures them as mandatory.
The item description, unit, and quantityThe RFQ item grid uses these columns; quantity accepts values from 1 through 999999.
Permission to edit the recordAn embedded record or a record without edit permission is read-only. A sent RFQ item grid remains locked until Enable Editing is used.

Find or start an RFQ

The RFQs list is the work list for existing requests. It shows the request number, sales-job number, purchaser, offer type, bid due date, supplier, client, RFQ stage, and package title.

Prerequisites

You need access to the Pricing Quotations work list and, for an existing record, its saved record address.

Steps

  1. Open Pricing Quotations.

  2. Select RFQs to view the RFQs list.

  3. Choose the route that matches your task:

    If you need to…Open or select
    Start a new recordPricing Quotations > RFQs > new-record entry point
    Work an existing RFQPricing Quotations > RFQs > saved record
  4. Use the list tabs All, RFQs, Quotations, and Archived to move between the available Pricing Quotation lists.

The RFQs list headers, tabs, and list controls

Result: The RFQs list is on screen, or the selected new or saved record is open for entering record information and items.

Enter record information and items

The shared record information identifies the purchasing request, and the item rows state what the supplier must address. Start with the shared fields, then review the requested items.

Prerequisites

Open Pricing Quotations. Select RFQs. Use the new-record entry point to create the shared record, or select a saved RFQ record to review its information and items.

Steps

  1. Review Branch. It is read-only in the shared record information.

  2. Select the responsible person in Purchaser.

  3. Select the applicable value in Product Type.

  4. Enter the record name in Package Title.

  5. Enter the value and unit in Shipment Time Frame when the field is present.

  6. In Job items, enter or select the requested item values:

    FieldWhat to enter
    Item DescriptionThe requested product or item.
    UnitThe unit for the item.
    QtyA quantity from 1 through 999999.
  7. Review the item grid before saving. The RFQ grid shows Item Description, Unit, and Qty.

The new-record fields and RFQ item grid

Result: The shared record information and requested item rows are on screen and ready for the RFQ panel or the record save. Continue to Complete and save the RFQ.

Complete and save the RFQ

The RFQ panel adds supplier and deadline information to the shared record. Complete it before you submit the request so the supplier receives the information needed for the quotation.

Prerequisites

The record must contain at least one inquiry. The record must be editable, and the inquiry must be new or changed before Save is available for the RFQ panel.

Steps

  1. Select or review the supplier in Vendor.

  2. Select Required Offer Type when your company requires it.

  3. Enter RFQ Date. The date cannot be later than today.

  4. Enter Required Bid Due Date when your company requires it. The date cannot be earlier than RFQ Date.

  5. Save the work using the action that matches your change:

    If you are…Select
    Saving RFQ panel changesSave in the RFQ panel header
    Creating the shared record rather than saving an inquiry changeSave or Save and Close in the record header
The new Pricing Quotation record with Save and Save and Close

Result: The RFQ changes are saved and ready for submission, or the form identifies the required correction. Continue to When the RFQ cannot be completed.

Send the RFQ or mark it submitted

Submission has two routes. Use Send RFQ To Sub-supplier when your access and subscription include email sending. Without the send permission, use Consider RFQ As Submitted To Sub-supplier instead.

Prerequisites

The RFQ must be saved and unchanged. For the external-send route, email sending permission and the Send Email subscription must be present.

Steps

  1. Open the RFQ panel's three-dots menu.

  2. Choose the route that matches your access:

    If your route is…Select
    Email sending is availableSend RFQ To Sub-supplier
    Email sending is not availableConsider RFQ As Submitted To Sub-supplier
    The RFQ is already at SentToPrincipal and must be sent againRe-send RFQ To Sub-supplier
  3. Read the confirmation after the consider-submitted route. The product message is Inquiry submitted to client.

Result: The RFQ is sent through the available email route or is marked as submitted without email sending, ready for the applicable quotation action.

Convert the RFQ to a quotation

Conversion moves eligible RFQ work into quotation work. The RFQ action menu also provides state-specific ways to return, edit, regret, or cancel the request.

Prerequisites

The RFQ must be at the stage required by the action. Convert to offer, Consider RFQ As Not Submitted, Enable Editing, Regretted To Offer, and Cancel RFQ are available when the RFQ is at SentToPrincipal or ConsederAsSentToPrincipal. Re-send RFQ To Sub-supplier is available at SentToPrincipal.

Steps

  1. Open the saved RFQ panel's three-dots menu.

  2. Select Convert to offer when the RFQ is ready to become quotation work.

  3. Read the confirmation Purchasing job converted to offer successfully.

  4. For a different RFQ outcome, select the action that matches the work you need:

    If you need to…Select
    Return the RFQ to an unsubmitted stateConsider RFQ As Not Submitted
    Change a sent RFQEnable Editing
    Regret the RFQ back toward offer workRegretted To Offer
    Cancel the RFQCancel RFQ

Result: After Convert to offer, the purchasing job is in quotation work. The other menu choices keep the work in the RFQ branch described by the selected action.

When the RFQ cannot be completed

Use the exact message on screen to identify whether a field, quantity, or item selection needs attention. Required fields can also depend on your company's mandatory-field settings.

What you seeWhat to do
This field is requiredComplete the field carrying the required marker.
Invalid input. The value must be greater than 0 and cannot exceed 999,999.00Enter a positive quantity from 1 through 999999.
Check mandatory field(s)Review the fields marked as required and select Save again.
Inquiry must have at least one itemAdd an item to the inquiry.
Please select one or more items to create a RFQ.Select one or more items before creating the RFQ.

Required Offer Type and Required Bid Due Date are required only where your company configures them as mandatory. Required Bid Due Date must not be earlier than RFQ Date.

The RFQ item grid uses Item Description, Unit, and Qty. Work from those visible headers when entering the request.

Result: You have a message-specific correction to make, or the RFQ is ready for the next submission or quotation action.

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Pricing Quotation RFQs — PAMS Fresh Generation