Bid Creation (PO550)

Run Bid Creation (PO550) to:

  • Create new bids based on selections by purchasing class or manufacturer codes or both.
  • Download newly created or existing bids to a file, which can be transferred to a spreadsheet or other format to be sent to potential vendors.
  • Print a report of items selected for a bid, which can also be used as a paper bid request sheet to be mailed or faxed. This report contains an area for the vendor to enter a vendor price and unit of measure.

Historical purchase quantities for each item are also calculated and printed on the report or listed on the spreadsheet data. The purchase quantities are based on purchases within a date range selected on the parameters form.

Selecting CSV in the File Type field causes the program to build a comma-separated value file for use in ProcessFlow software.