What all features does Reckoner provide for the RFQ in the system?
Answer. A request for quotation (RFQ) is an inquiry raised to a vendor asking for the prices he charges for the product/products and his terms & conditions, if any, for the supply of a material.The RFQ specifies the materials required, quantity required of a material, and the time duration of the supply of the same. In addition, it also has the submission dates and the closing date for sending the quotations but these are optional. Every Product in the RFQ contains the reference of the Vendor to whom the RFQ is sent. Thus one RFQ can be sent to the multiple Vendors. User can raise an inquiry against an Indent Ref. No. or independently (ie. without an Indent). If Quotation already exists against items mentioned in inquiry then one can directly raise a Purchase Order from there. Archiving/Deleting RFQ: – The User can archive the RFQ for certain time interval or he may delete the RFQ from the database. Prerequisites: User can raise an Inquiry against the authorized indents only.
