RFQ Management System Features and Functions
The system should be able to print the quotation forms automatically as well as any accompanying cover letters and terms and conditions lists: to track the status of any RFQ; and perhaps most important of all set a regular interval for sending out new RFQs.
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- Separate RFQ management function
- Tracks effective dates for pricing
- Records vendors participating in RFQ
- Print RFQ for multiple vendors automatically
- Post RFQ on web site
- Tracks RFQ responses from web site
- Print cover letter automatically
- Tracks status of open RFQs
- Records vendor quotes in special table
- Records special notes from vendors
- Records user notes per item per vendor
- Displays prices quoted in summary table
- Transfers pricing to item file automatically
- Establish effective date for new pricing
- Transfers vendor notes to item file automatically
- Define cycle time for next RFQ
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Purchasing Controls Features and Functions
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