What is amendment in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: amendment

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A textual change added to an auction after bidding starts.

Smart SAP Assistant

• Key Concepts: 
  An amendment in SAP LOD-ESO Sourcing OnDemand is a change to an existing contract or agreement. Amendments can be used to modify the terms of an agreement, such as the price, delivery date, or quantity of goods or services. Amendments can also be used to add new clauses or remove existing ones. 
  
  How to use it: 
  In SAP LOD-ESO Sourcing OnDemand, amendments are created by selecting the “Amend” option from the contract or agreement menu. This will open a form where the user can enter the details of the amendment. Once the details have been entered, the amendment must be approved by all parties involved before it can take effect. 
  
  Tips & Tricks: 
  When creating an amendment in SAP LOD-ESO Sourcing OnDemand, it is important to ensure that all parties involved are aware of and agree to the changes being made. It is also important to ensure that all changes are accurately reflected in the amendment document. 
  
  Related Information: 
  For more information on amendments in SAP LOD-ESO Sourcing OnDemand, please refer to the official documentation available on the SAP website.