Based on the released requisition for inquiry, a normal inquiry cycle is started. This means there is no difference in the inquiry cycle for a blanket order compared to the inquiry cycle for a purchase order (PO).
For this document, an inquiry is created, approved, and maintained into three requests for quotations (RFQ) for the three bidders VALVE A, VALVE B, VALVE C.
Since the bidder VALVE B did not quote and the bidder VALVE C was cheapest on most of the line items, bidder VALVE C is selected as supplier for all PO line items by simply double clicking on the supplier code. After the selection the RFQs are approved.