Requests for vendor quotations

When filling an open purchase request, you can send out a request for quotation (RFQ) to a number of vendors so that you can choose the most appropriate one. You can create an RFQ for open purchase requests for:

  • Part numbers that do not have a preferred vendor.
  • Part numbers that do not have a price associated with the preferred vendor.
  • Part numbers for which the vendor price has expired.

You can also create an ad hoc RFQ that is not associated with a purchase request.

You can group several part requests to be sent to the same vendor into one RFQ. This type of RFQ includes several lines, one for each part request.