RFQ Compare Responses Based on Criteria Set Grouped by Bidder (tdpur1511m200)Use this session to view the ranked bidders based on the RFQ criteria set. The ranking of the bidders is based on the total score for each bidder. As the scores are grouped by bidder, the criteria scores for different RFQ lines can be added together. This session is displayed as a tab in the RFQ Compare Responses (tdpur1600m100) session. Note To use this session, a criteria set must be specified for the RFQ in the Requests for Quotation Overview (tdpur1501m000) session.
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. Bidder The bidder who sent the response line(s). Rank based on Criteria The rank number of the bidder based on the total criteria score. High scores imply high ranking. Total Criteria Score The sum of all the scores calculated for the criteria of the RFQ criteria set. All lines included If this check box is selected, the bidder responded to all requested items. Bidders who responded to all items are ranked higher than the bidders who did not. Score Actual Indicates if the calculated score is actual for the bidder. If this field is set to No, the calculated score is outdated for the bidder. 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 The weighted score of the Net Purchase Price 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 The weighted score of the Net Bidder Price 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). Net Price Weighted Score The weighted score of the Net Price Score. Vendor Rating Score The total score for the criterion type Vendor Rating, which is calculated using vendor ratings. Vendor Rating Weighted Score The weighted score of the Vendor Rating Score. Quantity Score The total score for the criterion type Quantity, which is calculated using the deviation in quantity between the RFQ line(s) and the response line(s) for the bidder. Quantity Weighted Score The weighted score of the Quantity Score. Delivery Time Score The total score for the criterion type Delivery Time, which is calculated using the deviation in delivery time between the RFQ line(s) and the response line(s) for the bidder. Delivery Time Weighted Score The weighted score of the Delivery Time Score. Subjective Score The total score linked to the subjective value for the subjective criterion. Weighted Score The weighted score of the Subjective Score.
Convert to Order Starts the Convert RFQs (tdpur1202m000) session in which you can convert the Accepted response line(s) to a purchase order for a bidder. Convert to Contract Starts the Convert RFQs (tdpur1202m000) session in which you can convert the Accepted response line(s) to a purchase contract for a bidder. Convert to Price Book Starts the Convert RFQs (tdpur1202m000) session in which you can convert the Accepted response line(s) to a supplier price book for a bidder. Only Accepted Responses Displays and compares the response lines with the Accepted status for the bidder.
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