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

SAP Term: public invitation list

• Component: MP-APP-DPE

• Component Name: Dynamic Pricing Engine

• Description: The initiator of an opportunity can indicate whether or not the invitation list should be made public. If public, users not specifically included in the invitation list will be able to locate the opportunity, via search, and bid on it.

Smart SAP Assistant

• Key Concepts: 
  Public Invitation List is a feature of the Dynamic Pricing Engine (DPE) component of SAP. It allows customers to create a list of vendors who are invited to submit bids for a particular product or service. This list can be shared with vendors, allowing them to submit bids for the product or service. The list can also be used to track the progress of the bidding process. 
  
  How to use it: 
  To use the Public Invitation List feature, customers must first create a list of vendors they wish to invite to submit bids. This list can be created in the DPE component of SAP. Once the list is created, customers can share it with vendors by sending them an invitation email. Vendors can then submit their bids for the product or service via the invitation email. 
  
  Tips & Tricks: 
  When creating a Public Invitation List, it is important to ensure that all relevant vendors are included in the list. This will ensure that all potential bidders have an opportunity to submit their bids. Additionally, customers should keep track of the progress of the bidding process by regularly checking the status of each vendor’s bid. 
  
  Related Information: 
  The Public Invitation List feature is part of the Dynamic Pricing Engine (DPE) component of SAP. It is designed to help customers manage and track the bidding process for products and services. Additionally, customers can use this feature to ensure that all potential bidders have an opportunity to submit their bids.