What is sourcing request from contract in SAP (SRD-SRM-SC - SRM-Sourcing and Contracting)?

SAP Term: sourcing request from contract

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: A sourcing request that has been generated based on a contract negotiation. A buyer can create a request for quotation RFQ with RFQ type RFQ for Contract from it.

AnswerBot for ERP

• Key Concepts: 
  Sourcing request from contract is a feature of SAP SRM-Sourcing and Contracting (SRD-SRM-SC) that allows users to create a sourcing request from an existing contract. This feature enables users to quickly create a sourcing request based on the details of an existing contract, such as the supplier, item, and pricing information. 
  
  How to use it: 
  To use the sourcing request from contract feature, users must first select an existing contract in the SRM-Sourcing and Contracting module. Once the contract is selected, users can then create a sourcing request based on the details of the contract. This includes selecting the supplier, item, and pricing information from the contract. Once all of the necessary information has been entered, users can then submit the sourcing request for approval. 
  
  Tips & Tricks: 
  When creating a sourcing request from an existing contract, it is important to double-check all of the information entered to ensure accuracy. Additionally, it is important to ensure that all of the necessary approvals have been obtained before submitting the sourcing request. 
  
  Related Information: 
  For more information on how to use the sourcing request from contract feature in SAP SRM-Sourcing and Contracting (SRD-SRM-SC), please refer to SAP’s official documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.