FOR IMMEDIATE RELEASE

With Relevant’s ERP, Users Automatically Generate Vendor RFQs from Requisitions/Estimates
 

San Ramon, CA – August 17, 2001 As a result of partnering with its build-to-order, discrete manufacturing, and maintenance organization customers, Relevant Business Systems has enhanced its Enterprise Resource Planning (ERP) suite by allowing users to automatically generate and print requests for quotation (RFQ) from vendors for inventory and non-inventory items, as well as for services and estimates. Generated from requisitions and estimates, the RFQs are then processed through a cycle that includes vendor selection, price approval and purchase order (PO) creation.

“While creating the new RFQs, users save a great amount of time because the system automatically generates a selection list of potential vendors based on the standard Relevant item/vendor PO history,” emphasizes Patrick Garrehy, Relevant Business Systems' President and CEO. “In addition, per the requests of many customers, the system is now so flexible that users can even add prospective vendors to the selection list.”

Uniquely, RFQs can be generated from estimates, as well as from PO requisitions, for direct material, indirect material, and service items. New requests generate new RFQ master records or can be added to existing RFQ records. Once RFQ records are created, users can modify the bidding vendor list for each item. When used in conjunction with the Relevant Estimate Workbench, users can generate new RFQs for each estimate item and view old RFQs for all items. They can then select the desired RFQ and automatically update the item’s cost in the Estimate Item Master.

A given RFQ can consist of multiple items as well as multiple delivery schedules for each item. The RFQ mailing form, similar to a PO, includes a list of each item and each delivery date for which a quote is required.

When quotes are received from a vendor, the prices and special charges are entered into the RFQ records and the winning vendors are selected. The RFQ Workbench then automatically converts the RFQ to a new PO or to a new line on an existing PO. If a prospective vendor is selected as the winning vendor, the Workbench automatically adds the Vendor Master record when the PO is created.

The new enhanced RFQ capabilities are presently available.

 

About Relevant Business Systems

Relevant Business Systems provides superior project-oriented enterprise software for Aerospace and Defense, Engineer to Order, Contract Manufacturing, Maintenance Repair and Overhaul, and project-oriented manufacturing companies. The company was co-founded in 1983 by Patrick Garrehy, a pioneer in the development of packaged software for discrete manufacturers and a veteran of several defense industry firms.

Relevant software is architected to better meet the needs of make-to-stock, make-to-order, and engineer-to-order manufacturers for whom aggressive project management is the key to profitability. Through superior product performance and outstanding customer service, Relevant has become the supplier of choice for many of the premier firms in the industry.

Relevant Business Systems is headquartered at 12667 Alcosta Blvd., Suite 300, San Ramon, California, 94583 and can be found on the web at www.relevant.com.


CONTACTS  

Chuck Olinger
Relevant Business Systems
310-541-8218
colinger@relevant.com

Christine McLorrain
McLorrain & Company
505-570-0778

cmclorrain@earthlink.net
 
 
       
   
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