Request for Quotation Lifecycle

A Request for Quotation (RFQ) is processed by moving it through the states in its lifecycle. A Request For Quotation (RFQ) is created and promoted through its lifecycle to the Sent state by Buyers. At this point, the RFQ Quotation object is generated in the Open state and moved through its lifecycle by Suppliers. Upon completion of the lifecycle for a Quotation, the processing of the RFQ resumes.

Only the owner and co-owners of an RFQ can change its state. For an overview of all the events that occur in each state, a summary of how to make changes to an RFQ and RFQ Quotation during each state, and prerequisites and consequences of changing an RFQ, see Sourcing Central User's Guide.

The Request for Quotation lifecycle includes these states:

Started

The Buyer adds suppliers and line items, and other optional components such as documents and attributes.

If the Quotation is in a route, the route can be set up to prevent the item from being promoted until the route is complete. If there is a route that is blocking the promotion of the item, the Lifecycle page displays in the arrow that points to the next state.

Initial Review

The Reviewers review and comment on RFQ.

Sent

The Buyer promotes to Sent to send the RFQ to suppliers. The system automatically creates a quotation for each supplier.

Response Complete

The system automatically promotes the RFQ to Response Complete when all quotations are returned. The Buyer makes line item award recommendations.

Final Review

The Reviewers review and comment on awards.

Complete

The Buyer promotes to Complete and system promotes all quotations to Closed.