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

SAP Term: sourcing preparation view

• Component: XAP-CQM

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

• Description: The environment for a quote team member assigned to work on the material cost section. In the sourcing preparation view, you can select components that should go into a request for quotation RFQ with the supply chain in order to perform validation on component costs.

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• Key Concepts: 
  Sourcing Preparation View is a feature of SAP xCQM Cost and Quotation Management. It allows users to create a comprehensive overview of the sourcing process, including the different stages of the process, the associated costs, and the expected outcomes. This view helps users to plan and manage their sourcing activities more effectively. 
  
  How to use it: 
  To use the Sourcing Preparation View, users must first create a project in SAP xCQM. Once the project is created, users can add different stages of the sourcing process, such as supplier selection, negotiation, and contract signing. For each stage, users can add associated costs and expected outcomes. This information can then be used to plan and manage the sourcing process more effectively. 
  
  Tips & Tricks: 
  When creating a Sourcing Preparation View in SAP xCQM, it is important to ensure that all relevant information is included. This includes not only the different stages of the sourcing process but also associated costs and expected outcomes. Additionally, it is important to keep track of any changes that are made to the view so that it remains up-to-date. 
  
  Related Information: 
  For more information on using Sourcing Preparation View in SAP xCQM Cost and Quotation Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature.