Process: Close RFQ

 

Flow

Legend

 

Objective

To close an RFQ. Once an RFQ is closed, no more responses can be submitted.

 

Description

Before the buyer can accept or reject any response, the RFQ must be closed. Once the RFQ is closed, responses are no longer accepted.

Once sellers have responded to the RFQ, the buyer closes the RFQ and evaluates the responses to select a winner, or multiple winners.

 

Features

 

Edition

Enterprise

 

Tasks

Task Description Role
Cancel all draft RFQ responses

When the RFQ is closed, all responses in draft state will be cancelled and will not be included for evaluation.

System
Close RFQ automatically

Close the RFQ when the closing rule is met or when the closing time is reached. Once the RFQ is closed, no more responses will be accepted. Before the buyer can accept or reject any response, the RFQ must be closed.

System
Close RFQ manually

Close the RFQ. Once the RFQ is closed, no more responses will be accepted. Before the buyer can accept or reject any response, the RFQ must be closed.

Buyer (buy-side)

 

Business artifacts

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