If you head to Stock > Ordering you will see we have a new link called Supplier Tenders. Please note all prices in this article are fictitious.
You can simply hit the green Add Tender button to get your first tender up and running.
You then enter the relevant supplier that the tender relates to in the Supplier Name column and the name of the tender in the Tender Name column.
You can then choose to either add individual items or an entire group to the Tender.
Enter the tendered price for each item.
These tendered prices can then be compared to the actual price you have been receiving each of the stock items at.
You can edit the start date and finish date of the tender at any time depending on what period you want to compare the tendered prices with what you actually paid.
To complete a tender review simply go the review tenders link under the Actions button for the tender which you have just setup.
This will produce a report which compares the price you have actually received the items at versus the price you have agreed with your supplier, over the review period.
It is then up to you how you deal with this information from your supplier.