What is spot quotation in SAP (SBN-LBN-FC - )?

SAP Term: spot quotation

• Component: SBN-LBN-FC

• Component Name:

• Description: Freight Collaboration SCM-LBN-FC A time-limited offer from a carrier that is based on the current market.

Smart SAP Assistant

• Key Concepts: 
  Spot quotation is a term used in SAP SBN-LBN-FC. It is a type of quotation that is used to purchase goods or services from a vendor. The spot quotation is valid for a specific period of time and is usually used when the buyer needs the goods or services immediately. 
  
  How to use it: 
  In SAP SBN-LBN-FC, spot quotations are created by the buyer and sent to the vendor. The vendor then reviews the quotation and either accepts or rejects it. If accepted, the vendor will provide the goods or services as specified in the quotation. The buyer then pays for the goods or services according to the terms of the spot quotation. 
  
  Tips & Tricks: 
  When creating a spot quotation, it is important to include all relevant information such as delivery date, payment terms, and any other special requirements. This will ensure that both parties are clear on what is expected from each other. Additionally, it is important to review all quotations carefully before accepting them to ensure that they meet your needs. 
  
  Related Information: 
  Spot quotations are just one type of quotation used in SAP SBN-LBN-FC. Other types of quotations include fixed price quotations, open price quotations, and blanket purchase agreements. Each type of quotation has its own advantages and disadvantages, so it is important to understand which type best suits your needs before creating a quotation.