| RFQ Compare Responses Based on Prices (tdpur1511m100)This session is displayed as a tab in the RFQ Compare Responses (tdpur1600m100) session. Note By default, the ranking of the lines is based on the Net Price for each line. You can change the ranking
based on Net Bidder Price, or Net Purchase Price. 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. Score Actual Indicates if the prices are actual for the response line. If this field is set to No, the
prices are outdated for the response line. On the appropriate menu
of the RFQ Compare Responses (tdpur1600m100) session, click Recalculate Comparisons. Rank based on Net Price The rank number of the response line based on the Net Price. Low prices imply high ranking. Net Price The net price including all 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. Rank based on Net Bidder Price The rank number of the response line based on the Net Bidder Price. Low prices mean high rankings. Net Bidder Price The net price including bidder landed costs for the response line. Rank based on Net Purchase Price The rank number of the response line based on the Net Purchase Price. Low prices imply high ranking. Net Purchase Price The net price for the response line. Status The status of the response line. | |