What is collaborative tendering in SAP SCM-APO-SCC - Supply Chain Cockpit?

SAP Term: collaborative tendering

• Component: SCM-APO-SCC

• Component Name: Supply Chain Cockpit

• Description: A process within Collaborative Transportation Planning.

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• Key Concepts: 
  Collaborative tendering is a feature of the Supply Chain Cockpit (SCC) component of SAP's Advanced Planning and Optimization (APO) module. It enables companies to collaborate with their suppliers in order to optimize their supply chain processes. This includes the ability to create and manage tenders, as well as to analyze and compare bids from different suppliers. 
  
  How to use it: 
  The collaborative tendering feature of the SCC component can be used to create and manage tenders. This includes setting up the tender parameters, such as the type of tender, the duration, and the criteria for evaluating bids. Once the tender is created, it can be sent out to suppliers for bidding. The bids can then be analyzed and compared in order to select the best supplier for the job. 
  
  Tips & Tricks: 
  When creating a tender, it is important to ensure that all relevant information is included in order to make it easier for suppliers to submit their bids. Additionally, it is important to set realistic deadlines for submitting bids in order to ensure that all suppliers have enough time to submit their bids. 
  
  Related Information: 
  The collaborative tendering feature of the SCC component is part of SAP's Advanced Planning and Optimization (APO) module. Other features of APO include demand planning, supply network planning, and global available-to-promise. Additionally, APO can be integrated with other SAP modules such as Materials Management (MM) and Sales and Distribution (SD).