What is awarding scenario in SAP MM-PUR-SRC - Product Sourcing?

SAP Term: awarding scenario

• Component: MM-PUR-SRC

• Component Name: Product Sourcing

• Description: A selection of one or more simulated quotations or supplier quotations in a sourcing project. Awarding scenarios are created based on selected simulated quotations or supplier quotations from one or more suppliers in one sourcing project to check and award the most suitable scenario. Note that awarding scenarios with simulated quotations can't be awarded.

Smart SAP Assistant

• 
  Key Concepts: 
  Awarding scenario is a feature of the SAP MM-PUR-SRC Product Sourcing component. It allows users to define the criteria for awarding a contract to a vendor. This includes setting up rules for evaluating bids, selecting the winning bid, and awarding the contract. 
  
  How to use it: 
  To use the awarding scenario feature, users must first define the criteria for evaluating bids. This includes setting up rules for evaluating bids based on factors such as price, delivery time, quality, and other criteria. Once the criteria have been defined, users can then select the winning bid and award the contract to the vendor. 
  
  Tips & Tricks: 
  When setting up an awarding scenario, it is important to consider all of the criteria that will be used to evaluate bids. This will ensure that all vendors have an equal chance of winning the contract. Additionally, it is important to review all bids carefully before making a decision. 
  
  Related Information: 
  For more information on setting up an awarding scenario in SAP MM-PUR-SRC Product Sourcing, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to set up an awarding scenario in SAP MM-PUR-SRC Product Sourcing.