What is Advanced RFQ in SAP TM - Transportation Management?

SAP Term: Advanced RFQ

• Component: TM

• Component Name: Transportation Management

• Description: Freight agreement requests for quotations RFQs with improved usability and features.

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• Key Concepts: 
  Advanced RFQ (Request for Quotation) is a feature of SAP Transportation Management (TM) that allows customers to request quotations from multiple carriers for their transportation needs. It enables customers to compare different carriers’ offers and select the most suitable one. The Advanced RFQ feature also allows customers to track the status of their requests and view the responses from carriers in real-time. 
  
  How to use it: 
  To use the Advanced RFQ feature, customers must first create a request for quotation in SAP TM. This can be done by entering the details of the shipment, such as origin and destination, shipment type, and other relevant information. Once the request is created, customers can then send it to multiple carriers for quotation. The carriers will then respond with their offers, which can be compared and evaluated by the customer. 
  
  Tips & Tricks: 
  When creating an Advanced RFQ request, it is important to provide as much detail as possible about the shipment so that carriers can provide accurate quotations. Additionally, customers should ensure that they are sending their requests to multiple carriers in order to get the best deal. 
  
  Related Information: 
  For more information on Advanced RFQ in SAP TM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_TM/9.6/en-US/f3d7f8a2b7c14e8a9f3d7f8a2b7c14e8a.html