6.1 Request for Quotation (RFQ)

• An RFQ is sent to one or more suppliers to collect pricing and delivery details.

Purpose:

• To collect competitive quotations from suppliers.
• To help in selecting the best supplier based on price and delivery terms.

Step 1: Material Request Creation

• Go to Material Request → New.
• Fill below details:
• Purpose = Purchase (important, this triggers the purchase flow).
• Items & Quantities required.
• Required By Date and Target Warehouse
• Save and Submit the MR.

Step 2: Create RFQ from Material Request

• After submitting the Material Request, click on Create → Request for Quotation .
• The RFQ form opens with items and quantities auto-fetched from the Material Request.

• Add one or more Suppliers.
• Save and Submit the RFQ.