s50020 Followup on Request for Quote

Follow-up on a Request For Quote (RFQ) sent to suppliers. You can receive and maintain quotes submitted by the suppliers for the RFQ. You can create bid update requests for the RFQ. You can also set acknowledgement dates for an RFQ, pre-award RFQ positions to the preferred supplier, update the quoting status, view follow-up information, and so on.

• Update the follow-up status of a supplier quote

• Manage bid update requests

• Automatically pre-award RFQ positions

• Manually pre-award RFQ positions

• Set acknowledgement date for an RFQ

• Update the quoting status of an RFQ

• Additional RFQ follow-up activities

• s50020 Field descriptions