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

SAP Term: withdraw

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: To withdraw an already submitted quote from the bidding process. Once a quote is withdrawn, it can no longer be accepted as a winning quote.

Smart SAP Assistant

• Key Concepts: 
  Withdraw is a feature in SAP SRM-Sourcing and Contracting that allows users to remove a bid from an auction. This can be done before or after the auction has started. The withdrawn bid will no longer be visible to other bidders and will not be considered in the auction results. 
  
  How to use it: 
  To withdraw a bid, users must first select the bid they wish to withdraw. Then, they must click on the “Withdraw” button in the auction window. This will remove the bid from the auction and it will no longer be visible to other bidders. 
  
  Tips & Tricks: 
  It is important to note that once a bid has been withdrawn, it cannot be reinstated. Therefore, users should be sure that they want to withdraw their bid before doing so. 
  
  Related Information: 
  For more information on withdrawing bids in SAP SRM-Sourcing and Contracting, please refer to the official SAP documentation.