> Entering Supplier Bids for Parts

Once you receive the supplier’s bid, change the quotation status to Quotation received. Then, enter the supplier’s bid for parts information and change the quotation status to Approved/completed to approve the quotation to create a purchase order.

Follow these steps to enter supplier bids for parts.

  1. Exchange rate—Enter the exchange rate if the supplier’s currency is different from your company’s currency.

  2. Choose File | Save from the menu bar. Datastream 7i saves the information to the database.

   Click Update catalog to automatically record the price for this part into the supplier’s catalog. The supplier’s catalog is located on the Parts page of the Suppliers form (SMSUPP).