| RFQ Compare Responses Based on Criteria Set (tdpur1511m000) RFQ A purchasing document that is used as a request to bidders to
submit their terms, such as price, discount, delivery time, and payment terms
for delivering a (quantity of a) product. You can send the RFQ to several bidders. A bidder can submit
an RFQ response for the specified items. You can record the responses, negotiate, and compare the
prices and discounts that are offered by different bidders. An accepted response can be copied to a contract, an order,
or a price book. Position The lines that include the item details in a request for
quotation (RFQ), such as required quantity, time to be delivered, delivery
warehouse and so on. The item lines are sent to the bidder. The bidder can respond
to each item individually and also offer alternatives for the required item. Alternative The request for quotation (RFQ) line's sequence number, which is
greater than one if it includes an item that can be an alternative for the
preferred item. You must manually specify alternatives in
the Request for Quotation Lines (tdpur1502m000) session. Example The sequence numbers defined in the current
field, represent the RFQ lines in the most suitable alternative sequence. So,
sequence number one represents the first preferable item that can be an
alternative for the originally preferred item, sequence number two represents
the second item that can be an alternative, and so on. Item In LN,
the raw materials, subassemblies, finished products, and tools that can be
purchased, stored, manufactured, sold, and so on. An item can also represent a set of items handled as one kit,
or exist in multiple product variants. You can also define nonphysical items, which are not held
in inventory but can be used to post costs or to invoice services to customers.
The following are examples of nonphysical items: - Cost items (for example, electricity)
- Service items
- Subcontracting services
- List items (menus/options)
Bidder The bidder who sent the response line. Net Price The net price including all the landed costs (bidder and third
party). Currency A generally accepted medium of exchange such as coins, treasury
notes, and banknotes. The following currency types are available in LN: - Home currency, which is used internally by companies to
calculate costs, record budgets, and register tax amounts
- Transaction currency, which is used in transactions with
business partners, such as orders and invoices
Inventory Unit The unit of measure in which the inventory of an item is
recorded, such as piece, kilogram, box of 12, or meter. The inventory unit is also used as the base unit in measure
conversions, especially for conversions that concern the order unit and the
price unit on a purchase order or a sales order. These conversions always use
the inventory unit as the base unit. An inventory unit therefore applies to all
item types, also to item types that cannot be kept in stock. Net Bidder Price The net price including the bidder landed costs for the response line. Net Purchase Price The net price for the response line. Rank based on Criteria The rank number of the response line based on the total
criteria score. High scores imply high rankings. Total Criteria Score The sum of all the scores calculated for the criteria of the RFQ criteria set. Score Actual Indicates if the calculated score is actual for the response
line. If this field is set to No, the
calculated score is outdated for the response line. On the appropriate menu
of the RFQ Compare Responses (tdpur1600m100) session, click Recalculate Comparisons. Net Purchase Price Score The total score for the criterion type Net Purchase Price, which is calculated using the lowest response net purchase
price and the offered response net purchase price. Net Purchase Price Weighted Score Net Bidder Price Score The total score for the criterion type Net Bidder Price, which is calculated using the lowest response net bidder
price and the offered response net bidder price. This price includes bidder landed costs and excludes third party landed costs. Net Bidder Price Weighted Score Net Price Score The total score for the criterion type Net Price, which is calculated using the lowest response net price and the
offered response net price. This price includes all landed costs (bidder and third party). Vendor Rating Score The total score for the criterion type Vendor Rating, which is calculated using vendor ratings. Vendor Rating Weighted Score Quantity Deviation The deviation in quantity between the RFQ line and the response
line for the criterion type Quantity. The deviation calculation method: (RFQ line quantity - response line quantity) * 100 Quantity Score The total score for the criterion type Quantity, which is linked to the calculated quantity
deviation value. Delivery Time Deviation The deviation in delivery time between the RFQ line and the
response line for the criterion type Delivery Time. The methods to calculate the delivery time difference: - RFQ planned receipt
date - response planned receipt date
- RFQ lead time - response lead time
- (RFQ start date - response start date) + (RFQ end date -
response end date)
Delivery Time Score The total score for the criterion type Delivery Time, which is linked to the calculated delivery time deviation
value. Delivery Time Weighted Score Status The status of the response line. | |