What is partial quantity bid in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: partial quantity bid

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A bid for a line item amount that is less than the quantity specified in the line item unit.

Smart SAP Assistant

• Key Concepts: 
  Partial quantity bid is a feature of SAP LOD-ESO Sourcing OnDemand that allows buyers to submit bids for only a portion of the total quantity requested in an RFx. This feature allows buyers to submit bids for the exact quantity they need, rather than having to bid on the entire quantity requested. 
  
  How to use it: 
  To use partial quantity bid, buyers must first create an RFx in SAP LOD-ESO Sourcing OnDemand. When creating the RFx, buyers can specify the total quantity requested and indicate that partial bids are allowed. Once the RFx is published, suppliers can submit bids for any portion of the total quantity requested. 
  
  Tips & Tricks: 
  When using partial quantity bid, buyers should be aware that suppliers may submit bids for different quantities than what was requested. Buyers should also consider setting a minimum bid size to ensure that suppliers are bidding on a reasonable amount of product. 
  
  Related Information: 
  For more information on partial quantity bid, please refer to the SAP LOD-ESO Sourcing OnDemand documentation. Additionally, buyers can contact their SAP representative for more information and assistance with setting up and using this feature.