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

SAP Term: RFQ view

• Component: XAP-CQM

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

• Description: A display of components that require RFQ processing after they have been flagged in the exploded BOM view.

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• Key Concepts: 
  RFQ view is a component of SAP xCQM Cost and Quotation Management. It is a tool that allows users to create, manage, and analyze requests for quotations (RFQs). RFQs are documents that are sent to suppliers to request pricing information for goods or services. The RFQ view allows users to create RFQs, track responses from suppliers, and compare the responses to determine the best supplier. 
  
  How to use it: 
  To use the RFQ view, users must first create an RFQ document. This document should include all relevant information about the goods or services being requested, such as quantity, delivery date, and payment terms. Once the RFQ is created, it can be sent to suppliers via email or other communication methods. Suppliers can then respond with their pricing information. The RFQ view allows users to track these responses and compare them to determine the best supplier. 
  
  Tips & Tricks: 
  When creating an RFQ document, it is important to include all relevant information about the goods or services being requested. This will ensure that suppliers are able to provide accurate pricing information. Additionally, it is important to provide a clear timeline for when responses are due so that suppliers can respond in a timely manner. 
  
  Related Information: 
  The RFQ view is part of SAP xCQM Cost and Quotation Management. Other components of this software include cost analysis, quotation analysis, and supplier management tools. These tools allow users to analyze costs and quotations from multiple suppliers in order to make informed decisions about which supplier to use.