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Monday, June 23, 2014

Introduction to Quotation and RFQ in SAP MM

Quotations

Quotations are requests for vendors to provide us information about their best prices, terms and conditions, schedule of deliveries and other information in order to select the best source for our procurement needs.
Below you can see the process flow for quotations in purchasing in SAP MM module.
Quotation and RFQ in SAP MM, C_TSCM52_66

Quotation process is started with creation of a request for quotation, and afterwards maintenance of the quotations to input all the information received from possible vendors. Then we want to compare the offers and select the best suitable one(s) rejecting the others.In SAP, there are several transaction used in the process.