What is reinstate in SAP SRM-LA - Live Auction?

SAP Term: reinstate

• Component: SRM-LA

• Component Name: Live Auction

• Description: Action by purchaser that enables a banned bidder to once again access the cockpit and participate in the live auction.

Smart SAP Assistant

• Key Concepts: 
  Reinstate is a feature in SAP SRM-LA Live Auction that allows a buyer to re-open a closed auction. This feature is useful when the buyer needs to make changes to the auction, such as adding or removing items, or changing the terms of the auction. 
  
  How to use it: 
  To reinstate an auction, the buyer must first log into their SAP SRM-LA Live Auction account. Once logged in, they can select the “Reinstate” option from the menu. This will open a new window where they can enter the details of the auction they wish to reinstate. Once all of the details have been entered, the buyer can click “Submit” to re-open the auction. 
  
  Tips & Tricks: 
  When reinstating an auction, it is important to double check all of the details before submitting. This will ensure that all of the changes are applied correctly and that no mistakes are made. Additionally, it is important to remember that reinstating an auction will reset all bids and start the auction from scratch. 
  
  Related Information: 
  For more information on how to use SAP SRM-LA Live Auction, please refer to the official documentation on SAP’s website. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this software.