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Answer» i. Inquiry: Request made to a vendor for a quotation for required materials or services.
ii. No availability CHECK is done for inquiry.
iii. Quotation: Offer from a vendor to a purchasing organization regarding the supply of materials or performance of services subject to predefined terms and conditions.
IV. A quotation consists of a number of ITEMS, in which the total QUANTITY and delivery date of an offered material or service are specified.
v. The total quantity can be subdivided into several partial quantities with different delivery dates in the lines of a delivery schedule. i. Inquiry: Request made to a vendor for a quotation for required materials or services.
ii. No availability check is done for inquiry.
iii. Quotation: Offer from a vendor to a purchasing organization regarding the supply of materials or performance of services subject to predefined terms and conditions.
iv. A quotation consists of a number of items, in which the total quantity and delivery date of an offered material or service are specified.
v. The total quantity can be subdivided into several partial quantities with different delivery dates in the lines of a delivery schedule.
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