Difference between PR & RFQ and can they co-exist?
Hi,
I know that, Purchase Requisition (PR) can be converted to RFQ --> Quotation --> Awarding supplier --> Purchase Order (PO)
My requirement is recieve items list from Engineering and get filled to RFQ --> Quotation (from supplier portal) --> Awarding supplier --> PR for approval (is it possible) --> PO.
Based on my requirement, trying to understand what is the valid combinations of PR & RFQ.
Need to know the steps to run the as per business requirement.
Please let me know, if you need any further clarification on the flow.
Thanks,
Srinivas
I know that, Purchase Requisition (PR) can be converted to RFQ --> Quotation --> Awarding supplier --> Purchase Order (PO)
My requirement is recieve items list from Engineering and get filled to RFQ --> Quotation (from supplier portal) --> Awarding supplier --> PR for approval (is it possible) --> PO.
Based on my requirement, trying to understand what is the valid combinations of PR & RFQ.
Need to know the steps to run the as per business requirement.
Please let me know, if you need any further clarification on the flow.
Thanks,
Srinivas
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