Managing an RFQ line response
Use this page to review the Request For Quotation (RFQ) line details and the supplier response to the RFQ line. You can negotiate the price, discount, landed costs and the payment and delivery terms for the RFQ line.
- Select RFQ > Console.
- Specify the search criteria.
- Click Continue. The Buyer Console List page is displayed.
- Click the Line number corresponding to the RFQ number for which you want to view the response from the suppliers. The Buyer Console Drilldown page is displayed.
- Click View corresponding to the supplier with whom you want to negotiate the terms. The RFQ Response page is displayed.
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Review this information:
- RFQ Number
- The code of the RFQ.
- Auction Type
- The type of bidding for the requirements related to the RFQ line.
- Line
- The RFQ line number.
- Line Expiry date
- The date up to which the response to the RFQ line is considered for evaluation.
- Line Status
- The status of the RFQ line.
- Ship-To
- The name of the location at which the parts are received.
- Required Quantity
- The required quantity of the part.
- Planned Delivery Date
- The date by which the quantity of the part linked to the RFQ line is required.
- Target Price
- The price of the part.
Note: The value in this field is displayed only if the Show Target Price to Supplier check box is selected on the Customer Profile page.
- Supplier Name
- The name of the supplier who sent the response to the RFQ line.
- Effectivity Unit
- The effectivity unit linked to the part. A reference number that is used to model deviations for a unit effective item.
- Controlled Part
- Indicates the trade or export license linked to the part.
- Expected Outcome
- Indicates the conversion type for the RFQ line. The response to the RFQ line can be converted to a combination of the purchase contract, purchase order and price book.
- Revision
- The engineering revision number of the RFQ line item.
- Source of Origin
- The source for creating the RFQ.
- Expected Outcome
- The expected outcome for the RFQ line. Possible values:
- Purchase Order
- Purchase Agreement
- Select the Manufacturer Part Number (MPN) for which you want to negotiate the terms. You can select the Other option to specify the details of another MPN.
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Specify this information:
- MPN
- The manufacturer-defined code of the part.
- Manufacturer
- The name of the manufacturer linked to the part.
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Click Negotiate to initiate the RFQ
negotiation process. You can negotiate the RFQ response details submitted by the
supplier for the RFQ line using these tabs:
- Bid tab: You can modify the bid related information such as Delivery Date, Quantity, Unit Price and so on.
- Additional Supplier Information tab: You can modify the delivery and payment terms.
- Landed Costs tab: You can modify the landed costs related to the RFQ line.
- Attachments tab: You can review the attached files to the RFQ line.
- Buyer Notes tab: You can review the notes added for the RFQ line.
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Click Publish.
You can also use this page to:
- Shortlist the RFQ response using the Shortlist option.
- Award the contract to the supplier for the RFQ response using the Award option.
- Reject the RFQ response sent by the supplier using the Reject option.
Note:- The Shortlist, Award and Reject options are displayed only for the RFQs that are created and published in Supplier Exchange.
- The Award and Reject options are only displayed for the shortlisted responses.