What is invitation in SAP MP-APP-DPE - Dynamic Pricing Engine?

SAP Term: invitation

• Component: MP-APP-DPE

• Component Name: Dynamic Pricing Engine

• Description: When an initiator creates an opportunity with an associated invitation list, the parties included in the list receive the opportunity in their BizTracker as an invitation to bid on it.

Smart SAP Assistant

• Key Concepts: 
  Invitation is a feature of the SAP MP-APP-DPE Dynamic Pricing Engine. It allows customers to submit a request for a price quote from a supplier. The supplier can then review the request and provide a response with their pricing information. This feature helps to streamline the process of obtaining pricing information from suppliers, saving time and money. 
  
  How to use it: 
  To use the invitation feature, customers must first create an invitation request in the SAP system. This request should include all relevant information about the product or service being requested, such as quantity, delivery date, and any special requirements. Once the request is submitted, the supplier will receive an email notification with a link to review the request. The supplier can then review the request and provide their pricing information in response. 
  
  Tips & Tricks: 
  When creating an invitation request, it is important to provide as much detail as possible to ensure that suppliers have all of the necessary information to provide an accurate quote. Additionally, it is important to keep track of all invitation requests and responses in order to ensure that all requests are responded to in a timely manner. 
  
  Related Information: 
  For more information on using the invitation feature of SAP MP-APP-DPE Dynamic Pricing Engine, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature.