What are the types of RFQ”S?

Answer Posted / phani

There are three types of quotations and RFQs that come with
Purchasing by default:

Catalog: Used for high-volume items or items for which your
supplier sends you information regularly. A Catalog
quotation or RFQ also includes price breaks at different
quantity levels.

Standard: Used for items you'll need only once or not very
often, but not necessarily for a specific, fixed quantity,
location, and date. For example, you could use a Catalog
quotation or RFQ for office supplies, but use a Standard
quotation or RFQ for a special type of pen you don't order
very often. A Standard quotation or RFQ also includes price
breaks at different quantity levels.

Bid: Used for a specific, fixed quantity, location, and
date. For example, a Bid would be used for a large or
expensive piece of equipment that you've never ordered
before, or for an item that incurs transportation or other
special costs. You cannot specify price breaks for a Bid
quotation or RFQ.

Is This Answer Correct ?    24 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12

6565


I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.

1466


Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?

1959


I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia

1912


what r issues faced in gl

2279






SLA usage ans how to define setups?

2174


can we define 2 different currency revaluation at a time??

1906


How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?

2317


What do you mean by controlling buyers workload?

8930


Define the activities of the Configuration Manager (AP,GL,FA) in the team. Give examples

2014


1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

3406


How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.

2070


what is the use of hr: security profile, while configure multiorg?

635


difference between tds and income tax (India)

1378


what is the difference between before pages trigger and after parameter trigger in reports ?

1960