RFQ-request for quotation

Definition

RFQ-request for quotation.

A request for quotation (RFQ) is an invitation extended to a vendor by a purchasing organization to submit a quotation (BID) for the supply of materials or performance of services.

Simply put, it is the process of inquiry-quotation

Purpose

Vendor Selection

It is through the inquiry quotation and subsequent evaluation that ultimately determines where to buy things-is to determine the supplier

The process flow

1. Create RFQs --- me41

You can either enter RFQs with or without reference to a purchase requisition, another RFQ, or an outline agreement.

1.1 There is nothing to say about creation. You can use key in to ref other documents. The main difference here is the collective number, which is the key for future comparison (see notes 1 below)

1.2 because RFQ is intended for the vendor, the header must have the vendor address. The selected option can be taken out with an existing Event code, and can be directly entered for one-time event.

2. Use RFQ no or vendor code to find the inquiry form to print/issue-me9a

3. After receiving the inquiry form, the supplier will reply to their quotation or refuse to accept the quotation. The relevant data will be directly maintained on the original inquiry form, so that the inquiry form will be converted into a quotation form.

3.1 enter price and conditions -- me47

The RFQ and quotation are the same documents in SAP.

3.2. compare price --- me49

Here is a save market price function. You can save the market price that you think is reasonable and view it through T-code: mekh.

Of course, to use market price, you must set the condition schema separately.

3.3 you can save useful quotation materials in the purchasing info record. You can set "info _ update indicator" in item to automatically create P-info.

You can also set "rejection indicator" in quotation item. SAP will generate a denial message and send it to the supplier.

Notes

1. Set encoding (collective number)

1) You can connect multiple inquiry sheets to a set code. The set code is entered in the single header of the Inquiry ticket. In this way, you can query multiple inquiry sheets through the set code, for example, in price comparison and other analysis steps.

2) The set encoding is a string of up to 10 characters (which can contain numbers)