SAP MM

REQUEST FOR QUOTATION ( RFQ )

 Vendor Selection is an important process in the procurement cycle.

Request for quotation is a form of invitation that is sent to the
vendors to submit a quotation indicating their pricing and terms
and condition.
 It contains details about goods and service, quantity, date of
delivery, and date of bid on which it is to be submitted.
 An RFQ can be created by the following two ways :
1) Manually
2) Automatically from Purchase Requisition

RFQ CYCLE:
 CREATE PR >> CREATE RFQ FOR PR >> MAINTAIN RFQ
>> PRICE COMPARISON >> REJECT QUOTATION >>
CREATE PO >> MIGO >> MIRO.

Important T- Codes:
 ME41 : Creation of RFQ
 ME47 : Maintain of Prices
 ME49 : Comparison of Vendors
 ME9A : Print RFQ
 ME1E : Quotation Comparison
Process: (With respect to purchase requisition)
1) Creation of Quotation ( ME41 ) :
 PATH: Logistics – MM – Purchasing – RFQ/Quotation – Request
for quotation.

a)Enter T-Code :

b) Click on Reference to PR and enter PR Number.

C) Select item and click on supplier address.
 d) Enter vendor details: (Repeat process for every vendor)

a) Save, RFQ Created.

1) Maintain Quotation ( ME47 ) :
 PATH: Logistics – MM – Purchasing – RFQ – Maintain quotation.

a)Enter T- Code :
b) Maintain RFQ : ( Enter Net Price )

C) Quotation Maintained:
2) Price Comparison ( ME49 ) :

 PATH: Logistics – MM – Purchasing – RFQ – Price Comparison.

a) Enter T- Code :
b) Compare prices & Reject :

c) Reject Quotation :
  Quotation Comparison:
 T code – ME1E

a) Enter through T code, fill out details and execute

b) After execution we can see quotation comparisons.