Chemicals: Quotation for Procurement

In this purchasing process, a purchasing employee requests quotations for a specific material from different vendors. A quotation comparison list enables the purchasing employee to select the best source of supply by evaluating the quotations from the vendors. The accepted quotation is converted into a purchase order, and a rejection letter is sent to the vendors whose quotations are rejected. Material-specific information including vendor pricing and lead-time from the quotation is captured within master data records.

This scenario consists of the following steps:

• Request for quotation
• Quotation processing
• Comparison, rejection and selection of vendors
• Source list generation

• Vendor price comparison list
• Optional: use of source lists