Purchasing has the traditional quotes (also called RFQs) that you can load via an APIs and use as a pricing tool. Requisitions referencing these Quotes will be converted into Standard POs. Purchasing does offer a quote analysis tool/form that you can use or develop custom reports for your requirements.

Purchasing also has another module called Sourcing that offers extensive features in terms of creating RFQs and converting them into BPAs after negotiations with suppliers. The external suppliers can participate in the negotiation process be sending in their responses (i.e., Quotes) via iSupplier portal interface.

Hi -

Thanks for using Oracle community !

On Supplier quotations, refer

https://docs.oracle.com/cd/E18727_01/doc.121/e13410/T446883T443954.htm

Vision Demo - How To Demonstrate Requisition To Sourcing RFQ To Purchase Order (Doc ID 1612667.1)

regards,.
Ananth

Hi -

Thanks for using Oracle community !

Yes, on price list functionality please review

https://docs.oracle.com/cd/E26401_01/doc.122/e48846/T327893T327902.htm

regards,

Ananth

Hi,

You can use "Advanced Pricing" in Purchasing

Check the following document for more information

What Are The Steps Required To Setup And Use Advanced Pricing in Purchasing Technical Brief (Doc ID 455778.1)

Vision Demo - How To Utilize Advanced Pricing in Purchasing (Doc ID 1101067.1)

Regards,

Sirisha

While you can use Adv. pricing capabilities in conjunction with contract purchasing agreements in Purchasing to keep track of the price of items, this is not an easy solution to manage from a buyer's perspective. I would suggest you to use Blanket Purchase Agreements (BPAs) or Quotations instead as your pricing instruments. Just sharing 2 cents from experience.