Understanding RFQs in PeopleSoft Purchasing
You can establish one RFQ and dispatch it to as many suppliers as needed. You can send an RFQ to a supplier that is not yet approved within the PeopleSoft Purchasing system, but the supplier must be approved before you can award the RFQ to that supplier.
The next diagram illustrates the flow of information and transactions involved in the RFQ process. The process includes creating, dispatching, analyzing, and inquiring about RFQs and begins with setting up supplier quote groups:
