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Quotation Lead Time
Quotation Lead Time
The quotation lead time indicates the number of days between the purchase order date and the delivery date. This lead time cannot be changed when an open purchase order line uses the related quotation.
Different quotations may be created depending on this lead time. Vendors often adapt their prices to the lead time; they can give different prices for a short, normal, or long lead time, for example.
So, this lead time enables the user to compare quotations within an item/vendor relationship or between vendors, using the quotation inquiries or report requests.