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What is the diff bet RFX and Bidding Engine?

Former Member
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Hi Friends

What is the diff bet RFX and Bidding Engine

what is diff bet RFQ & bid Invitation?

Regards

Surya

Edited by: surya K on Jan 15, 2009 4:50 AM

Edited by: surya K on Jan 15, 2009 4:54 AM

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
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Hi,

The requirement criteria will differ in case of RFQ and Bid Invitation.

RFQ is calling a quotation from suppliers where your intention is collecting data for independent sourcing decision.

Bid Invitation is a strategic sourcing event where the bidder understand that they are directly submitting quotation for a specific order and in a competative environment.

Regards

Hussain

ueckalex
Explorer
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Hi,

your description of a bid invitation fits to the SAP Sourcing function LIVE Auction.

Alex

masa_139
Product and Topic Expert
Product and Topic Expert
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Hi,

RFx (RFI,RFP,RFQ), RFQ and Bid Invitation are same document business object. Just different name.

Bidding Engine is something like component name handling RFx.

SRM 7.0 use only "RFx" terminology. Old release use "Bid Invitation".

Regards,

Masa