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

SAP Term: XPress

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A module that provides a comprehensive, automated solution for the pricing and purchase of services, such as print services. This functionality enables quick and easy sourcing on a project-by-project basis, from request through award, for simple and complex jobs.

Smart SAP Assistant

• Key Concepts: 
  SAP XPress is a component of the LOD-ESO Sourcing OnDemand solution. It is a cloud-based platform that enables users to quickly and easily create, manage, and execute sourcing events. It provides a streamlined process for creating and managing requests for quotations (RFQs), bids, and auctions. XPress also offers advanced analytics capabilities to help users make informed decisions about their sourcing activities. 
  
  How to use it: 
  To use SAP XPress, users must first create an account and log in. Once logged in, users can create an RFQ or auction by selecting the appropriate template and entering the relevant information. They can then invite suppliers to participate in the event and manage the responses. Finally, they can analyze the results of the event and make decisions based on the data. 
  
  Tips & Tricks: 
  When creating an RFQ or auction, it is important to provide as much detail as possible so that suppliers can accurately respond to the request. Additionally, it is important to set clear deadlines for responses so that suppliers know when they need to submit their bids or offers. 
  
  Related Information: 
  SAP XPress is part of the LOD-ESO Sourcing OnDemand solution, which also includes other components such as Contract Management and Supplier Relationship Management. Additionally, SAP XPress integrates with other SAP solutions such as Ariba Network and SAP S/4HANA Cloud.