Request for Quotation Lifecycle

A Request for Quotation (RFQ) is processed by moving it through the states in its lifecycle. For example, a Request For Quotation (RFQ) is created and promoted through its lifecycle to the Sent state by Buyers. At this point, the 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 and is promoted to Completion. This automatically promotes the Quotation to the Completed lifecycle state.

If the item 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.

Only the owner and co-owners of an RFQ can change its state. For a description of all the events that occur in each state, see Supplier Central help, Overview of Quotation Processing in Chapter 5.

For information on the prerequisites and consequences of changing a quotation to a specific state, see:

• Supplier Central help, Making a Quotation Available for Reviewers in Chapter 5.
• Supplier Central help, Returning a Completed Quotation to the Buyer in Chapter 5.

The following describes the states included in the Quotation lifecycle:

Open

The supplier fills in required attributes, adds documents, and enters bid information. The supplier then promotes the Quotation to the Review state.

Review

Reviewers review, comment on, and approve the quotation. The supplier then promotes the Quotation to the Returned state.

Returned

Buyers evaluate the quotation and award line items in this lifecycle state.

Closed

The system automatically promotes the quotation to Closed when the buyer promotes the RFQ to Closed.