| # Comparing RFQ responses Infor LN 10.3 You can compare RFQ response from different bidders based on a (variable) set of objective and subjective criteria. You can select the most attractive bid. Infor LN 10.4 Several usability improvements are made to the RFQ comparison functionality and the comparison criteria are extended. In Infor LN 10.4, you can start comparing and ranking the RFQ responses from the RFQ line, RFQ bidder, and RFQ response sessions. You can compare response lines with the Responded, Negotiating, or Accepted status. The response lines are compared and ranked based on: Objective and subjective criteria, if a criteria set is specified on the RFQ. Prices and amounts. Prices and amounts can also include landed costs (bidder and third party). Note Although no criteria set is required for a comparison based on prices and amounts, you can also specify prices as criteria in a criteria set. New sessions RFQ Criteria Set (tdpur1690m000) This session includes the following sessions: RFQ Criteria Sets (tdpur1190m000) (header) RFQ Criteria by Criteria Set (tdpur1192m000) (satellite) RFQ Criterion Scoring Schemes (tdpur1193m000) (satellite) RFQ Compare Responses (tdpur1600m100) Use this session to compare the response lines for an RFQ. It includes these satellite sessions: RFQ Compare Responses Based on Criteria Set (tdpur1511m000) For each compared response line, the score is displayed by criteria set. The ranking of the lines is based on the total score for each line. RFQ Compare Responses Based on Prices (tdpur1511m100) For each compared response line, the Net Price, Net Bidder Price, and Net Purchase Price are shown. By default, the ranking of the lines is based on the net price, but you can change this. RFQ Compare Responses Based on Criteria Set Grouped by Bidder (tdpur1511m200) For each bidder, the score is displayed by criteria set. The ranking of the lines is based on the total score for each bidder. If the All lines included check box is selected, a bidder responded on all requested items. Bidders who responded on all items rank higher than bidders who did not. RFQ Compare Responses Based on Amounts Grouped by Bidder (tdpur1511m300) For each bidder, the sum of the prices converted to amounts is displayed. Because different RFQ lines can have different units, the responses are compared based on amounts. By default, the ranking of the lines is based on the net amount, but you can change this. The All lines included check box is also available in this session. History and print sessions The following sessions are new: RFQ Compare Responses History (tdpur1650m100) RFQ Compare Responses Based on Criteria Set History (tdpur1561m000) RFQ Compare Responses Based on Prices History (tdpur1561m100) RFQ Compare Responses Based on Criteria Set Grouped by Bidder History (tdpur1561m200) RFQ Compare Responses Based on Amounts Grouped by Bidder History (tdpur1561m300) Print RFQ Compare Responses (tdpur1411m000) New fields Apply Payment Terms Discount for Price Comparison In the Requests for Quotation (tdpur1501m000) session, this check box indicates if payment terms must be included in the RFQ comparison, and therefore, if the prices and scores on the compared lines include a payment terms discount. Score Date and Score Actual In the Request for Quotation Lines (tdpur1502m000) session, these fields indicate when the last score was calculated and if the score is actual for an RFQ line. Expired sessions and command Sessions Compare RFQ Responses (tdpur1110m000) Subjective Scoring Values (tdpur1193m100) RFQ Response Ranking based on Total Amount (tdpur1805m000) RFQ Response Ranking based on Criteria Set (tdpur1806m000) Command Import Subjective Criteria of a Set in the RFQ Response - Subjective Criterion Scores (tdpur1195m000) session. The criteria are now automatically imported by LN. Related topics Request for quotation procedure |