What is quotes required for all items in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

SAP Term: quotes required for all items

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: An indicator in a request for quotation RFQ that shows whether bidders can exclude items requested in the RFQ from their quote.

Smart SAP Assistant

• Key Concepts: 
  Quotes Required for All Items is a feature in SAP SRM-Sourcing and Contracting that requires all items in a shopping cart to have a quote before the shopping cart can be submitted. This ensures that all items in the shopping cart are accounted for and that the buyer has received the best possible price for each item. 
  
  How to Use It: 
  To use this feature, the buyer must first create a shopping cart with all of the items they wish to purchase. Once the shopping cart is created, the buyer must then request quotes from suppliers for each item in the shopping cart. Once all of the quotes have been received, the buyer can then compare them and select the best quote for each item. Once all of the items have been quoted, the buyer can then submit the shopping cart for approval. 
  
  Tips & Tricks: 
  When requesting quotes from suppliers, it is important to provide as much detail as possible about each item so that suppliers can provide accurate quotes. Additionally, it is important to ensure that all of the quotes are received before submitting the shopping cart for approval. 
  
  Related Information: 
  For more information on SAP SRM-Sourcing and Contracting, please visit https://help.sap.com/viewer/product/SRM_SOURCING_AND_CONTRACTING/7.5/en-US