Explain Quotation Processing and Order Management life cycle?

1.	Explain Quotation Processing and Order Management life cycle?
Answer» Quotation processing and order management involves following steps in SAP CRM and ECC system − Create Quotation A quotation is created in the system to provide the customer. Items are added for this quotation (Performed in SAP CRM). Enter Product and configure Next is to enter the products requested by customer. Products can be configured for every item of the quotation (Performed in SAP CRM). Check Availability Next is to check the availability of products for every item of the quotation (Performed in SAP CRM and ECC). Pricing and Value Next is to add the price of each product and the value of each item (Performed in SAP CRM). Send Quotation Next step is to send the quotation to the customer (Performed in SAP CRM).

Answer»

Quotation processing and order management involves following steps in SAP CRM and ECC system −

Create Quotation

A quotation is created in the system to provide the customer. Items are added for this quotation (Performed in SAP CRM).

Enter Product and configure

Next is to enter the products requested by customer. Products can be configured for every item of the quotation (Performed in SAP CRM).

Check Availability

Next is to check the availability of products for every item of the quotation (Performed in SAP CRM and ECC).

Pricing and Value

Next is to add the price of each product and the value of each item (Performed in SAP CRM).

Send Quotation

Next step is to send the quotation to the customer (Performed in SAP CRM).

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