Infor SyteLine Request for Quote (RFQ) module allows SyteLine users to create and maintain within their SyteLine system the RFQs they send to potential vendors and subcontractors. Users can record a variety of RFQ responses including lead time, quote quantities, and price breaks for each individual RFQ. RFQs are created and managed out of the standard Purchase Requisition function of SyteLine.
Using RFQ, a user can shop the purchase request to all or a predefined set of vendors. RFQ contains the complete flow from the creation of the RFQ Header to the selection of the winning Vendor. It helps streamline the entire purchasing process, making it more efficient and effective, helping managers make decisions to optimize use of resources.
- Multiple price and quantity breaks — Record pricing received from vendors or suppliers based on up to 10 different buckets for convenient evaluation and comparison of cost advantages based on variations to the RFQ.
- Predefined vendor sets — Determine specifically which vendors or suppliers will be given the option to submit a quote based on the item or product code that is being purchased. (For example: One set of vendors may be used for buying materials but another set may be used for purchasing electronics.)
- Automatic vendor/supplier — Have the system automatically generate a list of vendors/suppliers to use based on the standard SyteLine Vendor/Item Ranking, a past RFQ, or one of the Predefined Vendor Sets.
- Multiple quote distribution — Generate quotes and send to vendors or suppliers via email, fax, printed and mailed.
- One-time vendor support — Supports the use of vendors/suppliers that are not in the standard SyteLine Vendor Master for quoting purposes only. This will allow a user to shop without creating a vendor until it is selected.
- Multiple selection methods — Select a vendor/supplier based on multiple selection methods, such as price, lead time, or response time.
