What is quotation forecast in SAP CA-GTF-CPE - Commodity Pricing Engine?

SAP Term: quotation forecast

• Component: CA-GTF-CPE

• Component Name: Commodity Pricing Engine

• Description: Specifies for each term the routine that reads forecast values for quotations for which the quotation dates lie in the future.

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• Key Concepts: 
  Quotation Forecast is a feature of the Commodity Pricing Engine (CPE) component of SAP's Global Trade and Financial (GTF) module. It enables users to create and manage quotations for commodities, such as oil, gas, and metals. Quotation Forecasts allow users to predict future prices for commodities based on current market conditions. 
  
  How to use it: 
  To use Quotation Forecast, users must first create a quotation in the CPE component. This quotation will include the commodity type, quantity, and price. Once the quotation is created, users can then use the Quotation Forecast feature to predict future prices for the commodity. The forecast will be based on current market conditions and can be used to make informed decisions about future purchases or sales of the commodity. 
  
  Tips & Tricks: 
  When creating a quotation in CPE, it is important to ensure that all relevant information is included. This includes the commodity type, quantity, and price. Additionally, users should consider any external factors that may affect the price of the commodity in the future, such as political or economic events. This will help ensure that the Quotation Forecast is as accurate as possible. 
  
  Related Information: 
  For more information about Quotation Forecast and other features of SAP's Global Trade and Financial (GTF) module, please visit SAP's website at https://www.sap.com/products/global-trade-and-financial-management.html