How to Review Pricing Request Line Items and Vendor Quote Status
Gain insights on reviewing pricing request line items and tracking vendor quote statuses for better decision-making.
Introduction
Once Pricing Requests are exported and vendor quotes are received, Renewal Engineers generate customer-facing renewal quotes in PqW and link them back to the Renewal Project. This updates the PR Console stages from Quoted through to Won, and concludes with PO Assignment to prepare for the next contract cycle.
As a renewal manager, you have visibility into all quotes and renewal projects across all accounts, allowing you to monitor progress and step in when needed.
What Happens in This Step
Renewal Engineers:
- Generate customer renewal quotes in PqW from vendor pricing
- Link quotes to the relevant Renewal Project
- Track PR Console stage updates — from Quoted to Won — as customer approval progresses
- Complete PO Assignment by mapping vendor PO numbers to quotes, enabling the next generation of Internal Contracts
For detailed steps, refer to: How to Create and Link Quotes from Quoting Tool to Renewal Project – Renewal Engineer Guide. You can perform all the same actions if needed.
What to Watch For
- Quotes generated in PqW but not yet linked to a Renewal Project
- PR Console stages not progressing from Quoted to Won
- PO Assignment not completed, which blocks next-generation IC creation
- Renewal Projects approaching deadlines without customer approval on quotes
Summary
Quote creation and PO Assignment mark the final stage of the renewal cycle. While Renewal Engineers handle execution, you ensure quotes are linked, customer approvals are tracked, and PO numbers are assigned on time — keeping the next contract cycle on track.