What is pre-bid in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: pre-bid

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A single bid that the supplier has the option to place before auction bidding starts. The system uses this pre-bid as a supplier's initial bid.

Smart SAP Assistant

• Key Concepts: 
  Pre-bid is a feature of SAP LOD-ESO Sourcing OnDemand that allows buyers to ask suppliers questions before the bidding process begins. This helps buyers to get more information about the products and services they are interested in, and to make sure that the suppliers they are considering are able to meet their needs. 
  
  How to use it: 
  To use pre-bid, buyers must first create a request for proposal (RFP) in SAP LOD-ESO Sourcing OnDemand. Once the RFP is created, buyers can then invite suppliers to participate in the pre-bid process. During this process, buyers can ask suppliers questions about their products and services, and suppliers can provide answers. Once the pre-bid process is complete, buyers can then move on to the bidding process. 
  
  Tips & Tricks: 
  When using pre-bid, it is important to make sure that all of your questions are clear and concise. This will help ensure that suppliers understand what you are asking and can provide accurate answers. Additionally, it is important to make sure that all of your questions are relevant to the products and services you are interested in. This will help you get more detailed information from suppliers and make sure that they are able to meet your needs. 
  
  Related Information: 
  For more information about pre-bid in SAP LOD-ESO Sourcing OnDemand, please visit the SAP Help Portal at https://help.sap.com/viewer/product/LOD_ESO_SOURCING_ONDEMAND/Cloud/en-US.