What is customer in SAP XAP-CQM - Cost and Quotation Management (SAP xCQM)?

SAP Term: customer

• Component: XAP-CQM

• Component Name: Cost and Quotation Management (SAP xCQM)

• Description: The initiating party in the quotation cycle. By issuing a request for quotation RFQ, the customer triggers a sequence of steps in the receiving company for assembling a quote in response to the incoming RFQ.

Smart SAP Assistant

• Key Concepts: 
  A customer in SAP xCQM is an entity that purchases goods or services from a company. Customers can be individuals, businesses, or organizations. They are identified by a unique customer number and can have multiple contacts associated with them. 
  
  How to use it: 
  In SAP xCQM, customers can be managed in the Customer Master Data application. Here, users can create new customers, view existing customers, and edit customer information. Customers can also be managed in the Sales Order application, where users can create sales orders for customers and view customer order history. 
  
  Tips & Tricks: 
  When creating a new customer in SAP xCQM, it is important to ensure that all required fields are filled out correctly. This will help ensure that the customer information is accurate and up-to-date. Additionally, it is important to keep customer contact information up-to-date so that customers can be contacted quickly and easily. 
  
  Related Information: 
  For more information on managing customers in SAP xCQM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_xCQM/1.0/en-US