What is bid invitation specifications in SAP MM-SRV - External Services?

SAP Term: bid invitation specifications

• Component: MM-SRV

• Component Name: External Services

• Description: A set of service specifications created by assigning a vendor contractor to a set of initial specifications. It consists of vendor-specific header data and references the scope of work or services defined in the relevant initial specifications and for which bids are invited.

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• Key Concepts: 
  Bid invitation specifications are documents used in the SAP MM-SRV External Services component to define the requirements for a particular service or product. These documents are used to solicit bids from potential suppliers and to ensure that all bids meet the same criteria. The specifications typically include information such as the scope of work, delivery dates, payment terms, and any other relevant details. 
  
  How to Use It: 
  In order to create a bid invitation specification, users must first define the scope of work and any other relevant details. Once this is done, users can then create a document that outlines the requirements for the service or product. This document can then be sent out to potential suppliers who can submit bids based on the specifications. 
  
  Tips & Tricks: 
  When creating a bid invitation specification, it is important to be as detailed as possible in order to ensure that all potential suppliers are aware of the exact requirements. Additionally, it is important to include any relevant information such as payment terms and delivery dates in order to ensure that all bids are consistent. 
  
  Related Information: 
  For more information on bid invitation specifications, please refer to SAP's documentation on MM-SRV External Services. Additionally, there are many online resources available that provide further guidance on creating and managing bid invitation specifications.