on 04-19-2008 8:22 AM
Dear All,
Pls explain me the use of RFQ ???
Dear,
RFQ and Quotation (MM-PUR-RFQ)
Purpose
You use this component if you wish to manage and compare requests for quotation (RFQs) issued to vendors and the quotations submitted by the latter in response to them.
Features
In Purchasing, the RFQ and the quotation form a single document. Prices and conditions quoted by vendors are entered in the original RFQ. If you have issued an RFQ to several vendors, you can have the system determine the most favorable quotation submitted and automatically generate letters of rejection to the unsuccessful bidders. You can also store the prices and terms of delivery from certain quotations in an info record for future accessing.
RFQs can be subject to a release procedure.
Technical name: SAP_MM_PUR_RFQ
Tasks
This role covers all the activities necessary to process a request for quotation (RFQ).
You use an RFQ to request the vendor to submit a quotation for the supply of materials or the performance of services.
If RFQs whose total value exceeds a certain figure require approval in your company before they can be issued, the role Release RFQ is available for this purpose.
Activities in Materials Management
Activity
Transaction
Create RFQ
ME41
Change RFQ
ME42
Display RFQ
ME43
Maintain RFQ supplement
ME44
Release RFQ
ME45
Rewards if useful
Amin
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RFQ is nothing but, ur requesting for quotation or ur offering for Quotation.
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