What is RFx response modification in SAP (SRM-EBP-BID - RFx)?

SAP Term: RFx response modification

• Component: SRM-EBP-BID

• Component Name: RFx

• Description: A set of modifications the bidder can make in an response. To enable response modifications, the purchaser gives the supplier the flexibility to use different options in the response. These options are related to the items themselves, but also to the prices and quantities for those items. The bidder can, for example, offer the purchaser alternative, substitute or supplement items, or he can change the requested item quantity.

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• Key Concepts: 
  RFx response modification is a component of SAP Supplier Relationship Management (SRM) that allows buyers to modify and update their responses to requests for quotations (RFx). This component enables buyers to make changes to their responses after they have been submitted, such as adding additional information or changing the pricing. 
  
  How to use it: 
  To use RFx response modification, buyers must first submit their response to the RFx. Once the response has been submitted, buyers can then access the RFx response modification component in SRM. From there, they can make changes to their response, such as adding additional information or changing the pricing. Once the changes have been made, buyers can then submit their modified response. 
  
  Tips & Tricks: 
  When using RFx response modification, it is important to remember that any changes made to the response will be visible to all other bidders. Therefore, it is important to ensure that all changes are accurate and up-to-date before submitting the modified response. 
  
  Related Information: 
  For more information on RFx response modification, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/SRM/7.0/en-US).