What is activate in SAP AP-RFQ - SRM RFQ Processing?

SAP Term: activate

• Component: AP-RFQ

• Component Name: SRM RFQ Processing

• Description: An action used to indicate that an RFQ request item, a request for quote item or a supplier quote item that was deactivated is once again relevant for the bidding process.

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• Key Concepts: 
  Activate is a term used in SAP SRM RFQ Processing. It is the process of making a Request for Quotation (RFQ) available to suppliers. This process includes setting up the RFQ, assigning it to the appropriate suppliers, and setting the deadline for responses. 
  
  How to use it: 
  To activate an RFQ, first create the RFQ in the system. This includes entering all relevant information such as item descriptions, quantity, and delivery date. Once this is done, assign the RFQ to the appropriate suppliers. Finally, set the deadline for responses and click “Activate” to make the RFQ available to suppliers. 
  
  Tips & Tricks: 
  When setting up an RFQ, make sure to include all relevant information so that suppliers can accurately respond to your request. Additionally, make sure to set a reasonable deadline for responses so that suppliers have enough time to respond without feeling rushed. 
  
  Related Information: 
  For more information on SAP SRM RFQ Processing, please refer to the SAP Help Portal or contact your local SAP representative.