What is expiration date in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: expiration date

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: The date on which a contract expires.

Smart SAP Assistant

• Key Concepts: 
  Expiration date is a feature of SAP LOD-ESO Sourcing OnDemand that allows users to set a date when a sourcing event will expire. This expiration date is used to determine when the sourcing event will no longer be available for bidding and when the results of the event will be finalized. 
  
  How to use it: 
  To set an expiration date for a sourcing event, users must first create the event in SAP LOD-ESO Sourcing OnDemand. Once the event is created, users can select the “Expiration Date” option from the “Settings” tab. From there, users can enter the desired expiration date and time. 
  
  Tips & Tricks: 
  It is important to note that once an expiration date has been set, it cannot be changed. Therefore, it is important to ensure that the expiration date is set correctly before finalizing the sourcing event. Additionally, it is important to note that any bids submitted after the expiration date will not be considered in the final results of the sourcing event. 
  
  Related Information: 
  For more information on setting an expiration date for a sourcing event in SAP LOD-ESO Sourcing OnDemand, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/LOD_ESO_SOURCING_ONDEMAND/Cloud/en-US/f9f3d7a8b2e14c8a9f3d7a8b2e14c8a9.html