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Envision Series - Bid Management

The Bid Management system efficiently manages the quotation process and is fully integrated with the Purchasing and Inventory systems. Bids are established either automatically, through the online interface to Purchasing, or manually, by direct entry. On-line quotation entry allows multiple bid types, including both telephone and formal bids. The buyer can then use a computer-assisted process to complete the bid definition and select appropriate vendors based on stock commodity codes, or on vendor types and categories. Bid tabulations include automatic generation of award notices and purchase orders to the selected vendor. Full vendor history, as well as extensive text-tracking files, are maintained throughout the bid process.
Functions and Features Application Interfaces
  • Automatic generation of quotation requests through an interface to the ARC purchase requisition process
  • Computer-assisted vendor selection based on commodity codes, vendor type or vendor category
  • Online, interactive entry of telephone bid responses
  • Online entry of formal bid responses
  • Automatic bid tabulation
  • Computer-assisted award selection
  • Automatic purchase order generation
  • Extensive text activity files for buyer support
  • Vendor history and performance reporting
  • Detailed bid descriptions
  • Automatic bid invitations

 

 

 

 

 

 

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