Types of Quotes
Two types of sales quotes are supported:
• One-time quote for a single sale. When the customer agrees to the terms, you can release the quote to an order.
• Recurring quotes for repeat business. The quantity to release represents the quantity you anticipate the customer will order each time. If the customer orders on a regular cycle such as weekly or monthly, you can enter a cycle code. Groups of quotes can be released together based on cycle code.
To support customer partnerships and recurring deliveries, the system provides an alternative to sales quotes. The Customer Schedules function in the Scheduled Order Management module provides more visibility into the timing of a customer’s projected requirements. Additionally—unlike sales quotes—MRP sees customer schedules as a source of demand. If you choose to use quotes instead of customer schedules, be sure to include anticipated sales from open quotes in your forecast.