Defining supplier task prices

First define tasks. Then, define the cost of the tasks for each supplier.

To define supplier task prices:

  1. Open the Tasks form.
  2. Select the task for which to define supplier prices, and then click the Suppliers tab.
  3. Click Add Supplier.
  4. Supplier—Enter the code identifying the supplier.
    The system automatically populates the description of the supplier, the Supplier Org., and the currency.
  5. Catalog Reference—Enter the supplier’s catalog reference number.
  6. Price—Enter the supplier’s cost and base currency for the task.
  7. Tax Code—Enter the tax code for the task.
  8. Purchase UOM—Enter the supplier’s unit of measure for the task.
  9. Qty. per UOP—Enter the quantity per unit of purchase for the task if the purchase unit of measure is different from the inventory unit of measure.
  10. Lead Time (Days)—Enter the average number of days that the supplier needs to provide the task.
  11. Expiration Date—Enter the date the price expires.
  12. Preferred—Select if the supplier is the preferred supplier for the task.
    Note: Only one supplier may be the preferred supplier for a specific task. If you have already selected Preferred for another supplier and then add an additional supplier and mark it as Preferred, the system clears this designation from the previous supplier and marks the new supplier as Preferred.
  13. Click Submit.
    The system also automatically populates Exchange Rate as defined in the exchange rates table to convert the specified Currency to the Local Currency. The system populates Local Price by calculating Price divided by Exchange Rate divided by Qty. per UOP. The system populates Date Last Updated with the current system date.
    Note: To remove a supplier, select the supplier to remove, and then click Remove Supplier.