Quote Statuses and Process Flow
A quote represents a warehouse's offer for services requested. Quotes go through different statuses, tracking their journey from submission to acceptance.
Quote Statuses
| Status Code | Status Name | Description |
|---|---|---|
1 | Accepted | The quote has been accepted and the warehouse is now booked. |
3 | Quoted | A warehouse has submitted a quote, waiting for the clients approval. |
4 | Requote | A re-quote has been requested as a replacement for the initial quote. |
5 | Revised | The warehouse has provided a new or updated quote. |
8 | Revision Requested | A revision to the quote has been requested by the client / sales rep. |
Quote Flow Process
- Warehouse Submission → The supplier submits a quote. (Quoted).
- Customer Decision:
- If accepted → The quote moves to Accepted, and the RFQ is Booked.
- If revision is requested → Moves to Revision Requested.
- If the warehouse updates their quote → Moves to Requote.
- Finalizing the Quote:
- If the warehouse adjusts pricing or conditions → Moves to Revised.
- If no further changes are made and the customer accepts → The quote is Accepted, and the RFQ is Booked.
These statuses allow warehouses and customers to track the negotiation process effectively.