| # RFQ Negotiations (tdpur1606m000) Use this session to view, enter, and maintain the negotiations between a negotiator and a bidder regarding a response line. The header part of this sessions shows the latest negotiation information. The lines on the Negotiations tab also show the previous negotiations in the negotiation process. Note When a negotiation line is specified in this session, the status of the linked response line changes to Negotiating. The latest negotiation response information, such as prices, discounts, and dates is synchronized to the RFQ Responses (tdpur1506m000) session. Counter proposal information is not synchronized. Negotiations The lines on the Negotiations tab refer to the RFQ Negotiations (tdpur1109m000) details session. This tab includes the negotiation lines for a response line with information about prices, discounts and receipt dates. The following tabs are available for negotiation lines: Response The lines on the Response tab include the bids received from a bidder. Counter Proposal The lines on the Counter Proposal tab include your counter proposals to a bidder's bids. Note After a bid or counter proposal is specified, the Acknowledged check box must be selected in the RFQ Negotiations (tdpur1109m000) details session for the negotiation line. Next, the negotiation process can be: Continued, by specifying another counter proposal or bid Finished, by changing the response line's status from Negotiating to Accepted or Rejected in the RFQ Responses (tdpur1506m000) session Notes The lines on the Notes tab refer to the Notes (tcstl1550m000) session. On this tab, you can link internal and external notes to a negotiation line. External notes can be communicated to the bidder by printing them in the Print RFQ Price and Discount Confirmation/Counter Proposal (tdpur1409m000) session. Related topics Request for quotation procedure Request for Quotation A purchasing document that is used as a request to bidders to submit their terms, such as price, discount, delivery time, and payment terms for delivering a (quantity of a) product. You can send the RFQ to several bidders. The bidders can submit RFQ responses for the specified items. You can record the responses, negotiate, and compare the prices and discounts that are offered by different bidders. An accepted response can be copied to a contract, an order, or a price book. Line The number of the request for quotation (RFQ) line, which is the response line in this session. Alternative The request for quotation (RFQ) line's sequence number, which is greater than one if it includes an item that can be an alternative for the preferred item. You must manually specify alternatives in the Purchase Request for Quotation Lines (tdpur1502m000) session. Example The sequence numbers defined in the current field, represent the RFQ lines in the most suitable alternative sequence. So, sequence number one represents the first preferable item that can be an alternative for the originally preferred item, sequence number two represents the second item that can be an alternative, and so on. Status The status of the RFQ response line. Allowed values RFQ Status Buy-from Business Partner The buy-from business partner, who is the bidder. Estimated Price The target price that is desired for the item on this response line. Currency A generally accepted medium of exchange such as coins, treasury notes, and banknotes. The following currency types are available in LN: Home currency, which is used internally by companies to calculate costs, record budgets, and register tax amounts Transaction currency, which is used in transactions with business partners, such as orders and invoices Price Unit The unit for the estimated price. Latest Purchase Price The purchase price that is displayed on the most recent invoice received for the item on this response line. Currency A generally accepted medium of exchange such as coins, treasury notes, and banknotes. The following currency types are available in LN: Home currency, which is used internally by companies to calculate costs, record budgets, and register tax amounts Transaction currency, which is used in transactions with business partners, such as orders and invoices / The item unit in which an item's purchase price is expressed. This unit can differ from the item's inventory unit. Item In LN, the raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, sold, and so on. An item can also represent a set of items handled as one kit, or exist in multiple product variants. You can also define nonphysical items, which are not held in inventory but can be used to post costs or to invoice services to customers. The following are examples of nonphysical items: Cost items (for example, electricity) Service items Subcontracting services List items (menus/options) RFQ Line Text The text that is linked to the RFQ line. Response Text The text that is linked to the response line. Supply Quantity The quantity that must be delivered according to the terms on the order line. The quantity is expressed in the purchase unit or the sales unit of the item. Unit The unit in which the item's quantity is expressed. Default value The default value is the purchase price unit recorded in the Item - Purchase (tdipu0101m000) session. You can purchase items in a different unit than the one in which their inventory is registered. Goods can, for example, be stored in grams and purchased in kilograms. Note You must first define all units in the Units (tcmcs0101m000) session. In this session, you can define the conversion factor for conversion of the unit to the basic unit. If you want to use a purchase unit that is not the same as the basic unit, you must first define this unit in the Conversion Factors (tcibd0103m000) session. In the Conversion Factors (tcibd0103m000) session, the conversion factor from the alternative unit to the inventory unit is also recorded. You cannot use this method for cost items or service items. For such items, all units can be used, as they are not kept in stock. Price Price Current Bid The last price offered by the bidder. Price Unit Current Bid The price unit in which the current bid is expressed. Price Last Counter Proposal The last price counter offered by the negotiator. Price Unit Last Counter Proposal Unit The price unit in which the last counter proposal is expressed. Price Last Acknowledged Bid The last acknowledged price offered by the bidder or counter offered by the negotiator. Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Price Unit Last Acknowledged Bid The price unit in which the last acknowledged bid is expressed. Discount % Discount % Current Bid The last discount percentage offered by the bidder. Discount % Last Counter Proposal The last discount percentage counter offered by the negotiator. Discount % Last Acknowledged Bid The last acknowledged discount percentage offered by the bidder or counter offered by the negotiator. Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Discount Amount Discount Amount Current Bid The last discount amount offered by the bidder. Discount Amount Last Counter Proposal The last discount amount counter offered by the negotiator. Discount Amount Last Acknowledged Bid The last acknowledged discount amount offered by the bidder or counter offered by the negotiator. Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Total Amount Total Amount Current Bid The last total amount offered by the bidder. This amount is calculated as follows:
     Supply Quantity * Price Current Bid
Total Amount Last Counter Proposal The last total amount counter offered by the negotiator. This amount is calculated as follows:
     Supply Quantity * Price Last Counter Proposal
Total Amount Last Acknowledged Bid The last total amount offered by the bidder or counter offered by the negotiator. This amount is calculated as follows:
     Supply Quantity * Price Last Acknowledged Bid
Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Total Discount Amount Total Discount Amount Current Bid The last order line discount amount offered by the bidder. Total Discount Amount Last Counter Proposal The last order line discount amount counter offered by the negotiator. Total Discount Amount Last Acknowledged Bid The last acknowledged order line discount amount offered by the bidder or counter offered by the negotiator. Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Total Discount % Total Discount % Current Bid The last total discount percentage offered by the bidder. This percentage is calculated as follows:
     Total Discount Amount Current Bid / (Supply Quantity * Price Current Bid) * 100%
Total Discount % Last Counter Proposal The last total discount percentage counter offered by the negotiator. This percentage is calculated as follows:
     Total Discount Amount Last Counter Proposal / (Supply Quantity * Price Last Counter Proposal) * 100%
Total Discount % Last Acknowledged Bid The last total discount percentage offered by the bidder or counter offered by the negotiator. This percentage is calculated as follows:
     Total Discount Amount Last Acknowledged Bid / (Supply Quantity * Price Last Acknowledged Bid) * 100%
Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Total Net Amount Total Net Amount Current Bid The last net order line amount offered by the bidder. Total Net Amount Last Counter Proposal The last net order line amount counter offered by the negotiator. Total Net Amount Last Acknowledged Bid The last acknowledged net order line amount offered by the bidder or counter offered by the negotiator. Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Net Price Net Price Current Bid The last net price offered by the bidder. This price is calculated as follows:
     Total Net Amount Current Bid / Supply Quantity
Net Price Last Counter Proposal The last net price counter offered by the negotiator. This price is calculated as follows:
     Total Net Amount Last Counter Proposal / Supply Quantity
Net Price Last Acknowledged Bid The last net price offered by the bidder or counter offered by the negotiator. This price is calculated as follows:
     Total Net Amount Last Acknowledged Bid / Supply Quantity
Note To acknowledge a bid or counter proposal for the negotiation line, on the appropriate menu of the RFQ Negotiations (tdpur1109m000) details session, click Acknowledge. As a result, the Acknowledged check box is selected for the negotiation line. Target On Target to Estimated Price The percentage of the Estimated Price versus the current bid. This percentage is calculated as follows:
     Estimated Price / Net Price Current Bid * 100
On Target to Latest Purchase Price The percentage of the Latest Purchase Price versus the current bid. This percentage is calculated as follows:
     Latest Purchase Price / Net Price Current Bid * 100