What is central request for quotation in SAP MM-PUR - Purchasing?

SAP Term: central request for quotation

• Component: MM-PUR

• Component Name: Purchasing

• Description: A request for quotation that allows you to submit one request to suppliers for supply of goods, materials and services by bundling purchase requisitions from different connected systems.

Smart SAP Assistant

• Key Concepts: 
  Central Request for Quotation (CRFQ) is a feature in the SAP MM-PUR Purchasing module that allows buyers to create a single request for quotation (RFQ) that is sent to multiple vendors. This allows buyers to compare prices and terms from multiple vendors in order to make the best purchasing decision. 
  
  How to use it: 
  To use the CRFQ feature, buyers must first create a request for quotation (RFQ) document. This document should include all of the necessary information about the goods or services being requested, such as quantity, delivery date, and payment terms. Once the RFQ is created, it can be sent to multiple vendors at once using the CRFQ feature. 
  
  Tips & Tricks: 
  When creating an RFQ document, it is important to include all of the necessary information so that vendors can provide accurate quotes. Additionally, buyers should be sure to include any special requirements or preferences in the RFQ so that vendors can provide quotes that meet their needs. 
  
  Related Information: 
  The CRFQ feature is part of the SAP MM-PUR Purchasing module. For more information about this module and its features, please refer to the SAP Help Portal.