on 01-15-2009 3:27 AM
Hi Friends
What is the diff bet RFX and Bidding Engine
what is diff bet RFQ & bid Invitation?
Regards
Surya
Edited by: surya K on Jan 15, 2009 4:50 AM
Edited by: surya K on Jan 15, 2009 4:54 AM
Hi,
The requirement criteria will differ in case of RFQ and Bid Invitation.
RFQ is calling a quotation from suppliers where your intention is collecting data for independent sourcing decision.
Bid Invitation is a strategic sourcing event where the bidder understand that they are directly submitting quotation for a specific order and in a competative environment.
Regards
Hussain
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi,
RFx (RFI,RFP,RFQ), RFQ and Bid Invitation are same document business object. Just different name.
Bidding Engine is something like component name handling RFx.
SRM 7.0 use only "RFx" terminology. Old release use "Bid Invitation".
Regards,
Masa
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.