Overview of RFQ handling

With the request for quotation (RFQ) procedure, you can send RFQs to bidders for the procurement of goods. On an RFQ, information regarding items, quantities, and required receipt dates can be specified. The created RFQ can be sent to one or a range of bidders based on the approved source list. After receipt of the RFQ responses, the results can be negotiated and compared with objective and subjective criteria based on which a purchasing decision can be made. An accepted RFQ can be copied to a purchase contract, a purchase order, or a supplier price book.

RFQs can be generated from planned orders, requisitions, or purchase contracts. They can also be manually specified.

RFQ master data

Before you can carry out the RFQ procedure, you must specify the purchase master data.

You must also specify the RFQ parameters in the Request for Quotation Parameters (tdpur0100m100) session.

RFQ procedure

The RFQ procedure includes the following processes:

  • Creating and sending RFQs to bidders
  • Receiving, negotiating, comparing, and selecting the bidders' responses.

For more information, refer to Request for quotation procedure.

RFQ additional processes

A number of processes do not always occur in the RFQ procedure, but can be applicable in specific situations.

For more information, refer to RFQs - additional processes.

Related topics