What is propose bidders in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

SAP Term: propose bidders

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: To automatically add bidders to a request for quotation RFQ, based on existing contracts, list prices, supplier master data, or quotes that have been submitted in the past.

Smart SAP Assistant

• Key Concepts: 
  Propose bidders is a feature in SAP SRM-Sourcing and Contracting that allows users to suggest potential bidders for a sourcing project. This feature allows users to search for potential bidders in the system and add them to the list of potential bidders for the project. 
  
  How to use it: 
  To use the propose bidders feature, users must first create a sourcing project. Once the project is created, users can search for potential bidders in the system by entering criteria such as company name, location, and industry. The search results will display a list of potential bidders that match the criteria. Users can then select the bidders they want to add to the list of potential bidders for the project. 
  
  Tips & Tricks: 
  When searching for potential bidders, it is important to enter as much information as possible in order to get more accurate results. Additionally, users should make sure that they are selecting the correct bidders for the project by double-checking their selection before adding them to the list of potential bidders. 
  
  Related Information: 
  For more information on how to use the propose bidders feature in SAP SRM-Sourcing and Contracting, please refer to SAP’s official documentation on the topic.