What is 'collective number for RFQs/quotations' in SAP MM-PUR - Purchasing?

collective number for RFQs/quotations - Overview

• Component: MM-PUR

• Component Name: Purchasing

• Description: A number that can be used to group together all RFQs issued to potential bidders, or the quotations received from bidders, for a proposed procurement of goods or services.

collective number for RFQs/quotations - Details

• 
  Key Concepts: 
  A collective number for RFQs/quotations is a unique identifier assigned to a request for quotation (RFQ) or quotation in SAP's Materials Management Purchasing (MM-PUR) component. This number is used to track the RFQ/quotation throughout the purchasing process. 
  
  How to use it: 
  The collective number for RFQs/quotations is automatically generated by SAP when an RFQ or quotation is created. It can be found in the header of the document and is used to identify the document in all subsequent transactions. 
  
  Tips & Tricks: 
  When creating an RFQ or quotation, make sure to save the collective number for future reference. This will make it easier to track the document throughout the purchasing process. 
  
  Related Information: 
  For more information on collective numbers for RFQs/quotations, please refer to SAP's official documentation on Materials Management Purchasing (MM-PUR).