What is item invitation count in SAP (SRM-LA - Live Auction)?

SAP Term: item invitation count

• Component: SRM-LA

• Component Name: Live Auction

• Description: A key figure used to determine the number of times an item is available for bidding as aggregated across auctions. The count represents the number of items per bidder company invited to participate in the auctions whether or not contact persons from the bidder companies bid on the items. This key figure helps track which bidders were invited to bid on a particular item. For example: Two items are up for bid in an auction. Three bidders are invited to participate in the auction. The Item Invitation Count for this auction is 6; 2*3=6.

Smart SAP Assistant

• Key Concepts: 
  Item invitation count is a feature of SAP SRM-LA Live Auction. It is a numerical value that indicates the number of invitations sent out to suppliers for a particular item. This number is used to track the progress of the auction and to ensure that all suppliers have been invited to participate. 
  
  How to use it: 
  The item invitation count can be found in the “Auction Details” section of the SRM-LA Live Auction. It is displayed as a numerical value and can be used to track the progress of the auction. The item invitation count should be monitored throughout the auction process to ensure that all suppliers have been invited to participate. 
  
  Tips & Tricks: 
  It is important to keep an eye on the item invitation count throughout the auction process. If the number does not match the expected number of suppliers, it may indicate that some suppliers have not been invited or that some invitations have not been accepted. 
  
  Related Information: 
  The item invitation count is just one of many features available in SAP SRM-LA Live Auction. Other features include bid tracking, bid history, and auction analytics. All of these features can be used to monitor and manage the auction process more effectively.