Requisitions and Quotations Features and Functions

• Users can manually enter requisitions, which update along with automatic entries


• Procurement system allows multiple line items and delivery schedules


• Quality codes included on purchase requisitions


• Requisitions can be approved in real time


• Processes requests for quotation (RFQ)


• Manages and updates supplier's quotes for particular items


• Purchase requisition references to project, account, program, contract, and sales order


• Quotation copies maintained for suppliers


• Returned/awarded quote information (quote effectivity range, lead item, and minimum lots)


• Manages supplier quotation file by item or product with purging based on user-defined criteria (for example, date)


• Displays planned purchase orders


• Supports competitive quoting


• Retains requisition history