#what is rfq
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partnerportalai · 1 year ago
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thegirlsread · 1 year ago
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on the relationship between writer, reader, and text
rayne fisher-quann, standing on the shoulders of complex female characters | ellena savage, "yellow city" in blueberries | ellena savage, “houses” in blueberries
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terrorbirb · 1 year ago
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Manifesting: plz make me actually get a new job once my wife goes on disability
I'm looking at research lab management jobs at universities because our bat lab was not run well (lol) and other labs were not run well, and I can keep an entire small business afloat through overworking myself
#totes bro#i do not have a masters#but what i do have is years of experience purchasing industrial goods selling industrial goods speccing out and designing them#and i can do literally any job in an organization EXCEPT closing the books at the end of the month lol I'm not doing that#but i can do accounts payable and accounts receiable i can arrange logistics i supervise a production team#i used to do sales calls i do all purchasing i unwillingly do business development because my boss asks me what we should do as a company#i schedule I have figured out how to use our ERP system more efficiently than many larger companies with it#and most importantly: i clean things#which no one else ever does#this is me just pumping myself up in 3 months i can leave.....#ill have to move? which im terrified of#i love using my blog for this kind of post because 4 years from now im going to be like “aweeee”#oh i also do engineering and the sales engineer doesnt do engineering so i literally do all engineering outside of product design#while doing everything else#But i dont have a masters degree so we'll see what happens#i also think universities hire from within for this type of thing#but i personally think they should hire me đŸ„°#Because university labs are like fish out of water when they try to buy components to enact their ideas#i know because in addition to bat lab i have many university customers who have no idea whats happening or how to submit POs#my lab literally did not know how to send out RFQs? or ask for quotes? people do free engineering for you to sell you stuff#we were an engineering lab and didnt send out RFQs for components we just looked at ehat was available to buy online#??????? i dont know how they survive
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immakulates · 2 years ago
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"i realize now that accepting that some things are unforgettable and will never stop floating in the great space above my life helps me get over them more than trying to quickly erase them from my memory.
i hope, and i have a feeling, that i will soon find a place alongside someone else and that it will give me the impression of it having been made for me. for too long now i have lived in discomfort."
— translated journal entry from feb 27 2022.
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xandra-is-batshit-insane · 4 months ago
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made a Scarlett and The Shakers iceberg! ^_^ what do y'all think? @ace-of-hearts-sats @ace-of-spades-sats3 @ace-of-diamonds-sats @ace-of-clubs-sats
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Points explained:
Level 1!
Reason for "and The Shakers": Scarlett said there was already a band named Da Shakerzz >_< so she added her name on front of it and spell it correctly to avoid being confused with that band.
Scarlett and Rudy are dating: Everyone knows that, no need to explain!
Clover is the youngest of the group: This is also a pretty known fact, she's just 19, while the others are all 21 or older
Everyone has worked for Papa Louie atleast once: As simple as that. Scarlett and Rudy worked at the Cheeseria, Marty at the Burgeria and Clover at the Sushiria
Level 2!
SATS made fun of the RFQ: The Romano Family Quartet got made fun off in a playful way in the WTTLO? (Who turned the lights off?) album cover. The 4tet took it nicely and pranked back with the "Opposite day!" album
Remake of Endless Void is better than the original: A big part of the fandom thinks that this is true for various reasons. On my side, both versions are good! ^^
"And I know it's just a rumour" phrase: this has been a recurring phrase in the SATShakers' music, having appeared once in every album from Ying Yang on
Ying Yang was gonna be named different: The album and song were both gonna have different names. One of the chosen names for the album was "Good and Evil" but they changed it since there was already an album under that name; on the topic of the song, it's previous names were "As Double-sided", "Good and Evil" and "good-and-evil-intro-song.mp3"
Level 3!
A Little Too Normal first album covers: This album was gonna have a different cover than the one we know, which is a face made up with pieces of all the members' faces and hair. Most of the unchosen album covers were arrangements of facial features (like the chosen one) but differently.
Rita and Xandra were part of the group: The first 2 years of existence of SATS had the 4 main members and also Rita on backing vocals. I, Xandra, was on the band till the year and 2 months, I played the keyboards and occasionally was the main singer (very few times tho)
The first logo of SATS: The logo used to be a plain, vertically stretched text in lowercase that said "scarlett and the shakers :P" , it was changed after 3 years.
Unreleased songs: These songs were made by SATS and never got into any album. For example, WHAT THE HELL?!, which is the first and only song they made sung by a Vocasyn.
Fans that say "SHAKEREFERENCE!!!1!!1!!11!!" : This is something that the people in the fandom do when they see something that's, in some way, related to SATS.
Level 4!
www.sats-officiaI.com: This is a fake version of the SATS website. Even though it looks like the real one, the L in official is actually an uppercase i. The fake website was taken down after a fan informed Clover about it.
Shady Business Tactics was gonna be in Well-behaved: This is a song that Clover released in her solo album Sushi Salmonella. The song was gonna be in Well-behaved but it didn't make the cut since it didn't fit in with the other songs
Lost Vocasyn covers: On the 1st year of existence on the band, SATS covered some Vocasyn songs. Most of these covers are lost and we only know of their existence because of Vocarank clips. Some of the lost covers are Alix of human sacrifice, Kyu kyurain, One more roll, I'm sorry I'm sorry, Kitsune's marriage, Stop nagging me! and Melt.
Canceled collab with Doom Bruleé: When the band was starting (2 years after SATS), Scarlett proposed a collaboration between SATS and Doom Bruleé. Orion rejected the proposal due to unknown reasons.
The debut album was considered lost media: It was released in 2005 and simply called Scarlett and The Shakers. After 2 more album releases and seeing it wasn't successful, SATS deleted all trace of their debut album on the internet. The problem is that the fans wanted to listen to the album even though it was lost. Hopefully, Rudy had the entire album on a pendrive, which he shared on a forum and posted on UTube.
Extras!
Rudy and Scarlett got beaten up recording a MV: On the recording of the music video for Bad Night, Scarlett and Rudy were beaten up after recording the part where the whole band holds umbrellas outside. Rudy got a black eye and Scarlett lost a tooth and was bleeding out of her mouth a bunch. They ended up recovering well, but no more MV for SATS songs were recorded outside.
20 seconds of Tohru: These are mini segments included in the episodes of The Shakers' Internet Show. They mostly include Tohru goofing around doing her own things, like cooking!
SATS reference in a videogame OST: The 6th release of the videogame series Touhou Project has a song where one of the parts sounds like the guitar solo in WHAT THE HELL?! . The song in the OST is And then there were none!.
Everyone in the band has side projects: All the current members of Scarlett and The Shakers have side projects related to music. Rudy goes under the name Ruru and released Broken swing, Clover has released Sushi Salmonella under her own name, Marty has a UTube channel for guitar covers of various songs, and Scarlett made an album collaboration with Carlo called Foodini's Fabulous Fashion Flambé.
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fluffydisneyprincess · 2 years ago
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Lesson 17 quick thoughts (spoilers obv)
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First off, THIS. THIS WAS SO FKING CUTE HOW CAN ONE DEMON BE SO ADORABLE. Satan is in my top 3 and this whole interaction had me giggling twirling hair the works. I would HAPPILY hold hands with Satan as long as he wanted.
But then... but THEN
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SOLOMON FKIN SHOWS UP LIKE A DRUNK COCKBLOCK AND RUINS IT. I don't hate Solomon but I could have smacked him here. LET ME HAVE THIS SOLOMON
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"Did you get the feeling Satan was sort of mad at me?" NAAHH you only ruined a very tender moment by stumbling into it drunk and then calling him out on behavior he isn't accustomed to. Pfffttt. Ngl, I don't think it's much of a stretch to say that ruining of that moment was intentional. He 100% knew what he was doing. Sussy sorcerer.
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This happens almost immediately after and it only makes me more suspicious that Solomon is jealous. I've seen theories that suggest he altered the timeliness knowing you couldn't return to the original one so he could have you to himself. I'm not saying that's what happened I'm just saying Wise King Solomon is looking like Wise King SUS
And finally...
What is this bullshit
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Our boys are offered a pardon and can go home??? LIKE THAT ISN'T SUS AF??? Not to mention that this doesn't include Satan. They'd have to completely abandon him to do it. And they're making it so it's half impossible for them to say no??? (We already know they don't/won't but still). I feel like this is connected to the warning we got about the Celestial Realm not putting up with us for long. Maybe they're trying to limit/eliminate factors or just keep the brothers away from Nightbringer??
Either way that cliffhanger is cruel and Lesson 18 BETTER COME OUT RFQ
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obavee · 15 days ago
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Unlocking the Future of Cross-Chain Transactions: A Practical Guide
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As crypto continues to grow, one major challenge stands in the way of truly unlocking the potential of blockchain technology: cross-chain transactions. Moving assets between different blockchains can feel complicated and sometimes frustrating, especially when you're trying to make a simple transfer.
But what if cross-chain transactions could be as seamless as sending an email or transferring money between your bank accounts? That’s the future we’re working towards. Let’s break down why cross-chain transactions are so difficult today and how new solutions are changing the game for users like you.
Why Cross-Chain Transactions Can Be a Hassle
To understand why cross-chain transactions are a challenge, think of blockchain networks like isolated islands. Each island has its own rules, resources, and way of doing things. Moving from one island to another means navigating unfamiliar terrain, often facing barriers like high fees, delays, and security risks.
Let’s look at some common methods for moving assets:
1. Centralized Exchanges (CEXs):
These are like big money transfer services where you can exchange one asset for another. However, you have to trust them with your funds, which can be risky. Plus, the fees are usually higher than you might expect, and the process isn’t as fast or transparent as it could be.
2. Blockchain Bridges:
These are decentralized alternatives, but the technology isn’t perfect. Blockchain bridges can fail, leading to lost funds. They’re also slow, which means waiting hours or even days to complete a transfer.
3. Decentralized Exchanges (DEXs):
DEXs allow for peer-to-peer transactions, but the problem of slippage (where the price you pay differs from the price you expected) is still very much present.
The end result? Cross-chain transactions are slow, expensive, and sometimes risky, making the process feel like more of a challenge than it should be.
A Better Way Forward: Innovative Solutions for Cross-Chain Transactions
The good news is that change is coming. Some platforms are looking at these problems from a different angle and solving them in ways that benefit users like you. Let’s explore some solutions that are making cross-chain transactions easier, faster, and more secure.
1. Locking in Rates Before You Swap (RFQ Protocol)
Imagine you want to exchange one currency for another. You don’t want to risk the exchange rate changing while you’re in the middle of the transaction. The RFQ (Request-for-Quote) protocol helps fix the rate before you even commit to the swap. This is like locking in a price before you make a purchase — it removes uncertainty and ensures you know exactly what you're getting.
2. No Need to Trust a Third Party
In most cases, when you send funds to an exchange or bridge, you're trusting that platform to hold your assets safely. With new cross-chain solutions, the funds stay in your own wallet until the moment the transaction is completed. This gives you more control and reduces the risks that come with giving a third party access to your funds.
3. Instant Transactions, No Waiting Around .
Speed is a huge factor when it comes to cross-chain transactions. With many platforms, you’re left waiting for hours for your assets to arrive. But what if transfers could be completed in seconds? The latest innovations are making this a reality, using internal databases and advanced communication methods to ensure your transaction is processed almost instantly. It’s like sending a text message instead of waiting for a letter to arrive.
4. Transparent Pricing and Lower Fees
Transparency is key in crypto. No one likes hidden fees that pop up at the last minute. The best platforms for cross-chain transactions now show you exactly what you’ll pay upfront, so there are no surprises. Plus, lower fees mean you get to keep more of your assets. It’s like seeing a menu with clear prices instead of being surprised by the final bill.
Why This Matters to You
So, what does all this mean for you as a user?
1. You Keep More of Your Assets: Lower fees and better pricing translate into more value in your pocket.
2. Your Transactions Are Faster: No more waiting hours for a transfer to go through.
3. You Stay in Control: By keeping your funds in your wallet until the transaction is completed, you reduce the risk of losing them to a third-party hack or failure.
3. Clarity in Every Step: You know exactly what you’re paying for and how much you’re getting in return.
The Bigger Picture: A Unified Blockchain Ecosystem
Cross-chain interoperability isn’t just about convenience. It’s the key to unlocking a fully connected blockchain ecosystem. Right now, blockchains operate like isolated communities, each with their own rules and standards. But as solutions like the ones discussed here evolve, blockchains will be able to communicate with each other more seamlessly, allowing assets and information to flow freely across platforms.
Think of it like how the internet revolutionized communication. When email was first introduced, you needed to be on the same platform as the person you wanted to send an email to. But over time, email systems became interoperable, meaning you could communicate with anyone, anywhere. The same will happen with blockchain — cross-chain transactions will become as simple as sending an email.
Wrapping Up: The Future Is Bright
The future of cross-chain transactions is bright, and it’s happening now. Platforms that prioritize speed, security, and transparency are paving the way for a blockchain ecosystem that’s easier to navigate, more cost-efficient, and more secure.
If you’re navigating the world of blockchain and crypto, keep an eye on these innovations. The next generation of cross-chain solutions isn’t just about making things easier — it’s about unlocking the true potential of decentralized finance for everyone.
What do you think? Have you experienced the challenges of cross-chain transactions? Feel free to share your thoughts in the comments below!
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graceojuola · 15 days ago
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Simplifying Cross-Chain Transactions: A User-Friendly Guide
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If you've been in the crypto world for a while, you’ve probably faced the challenge of transferring assets between different blockchains. Cross-chain transactions, or moving tokens between two different blockchain networks, often feel complicated and cumbersome. But what if there were a way to make this process smoother, more transparent, and easier for everyone?
In this article, we’ll explore why cross-chain transactions are tricky, the new solutions that are making them easier, and how this could change the way you manage your crypto.
Why Cross-Chain Transactions Are Harder Than They Should Be
Think of each blockchain like a different country. Each one has its own language, its own rules, and its own systems. Transferring assets between them is like trying to send money from one country to another — it can be slow, expensive, and confusing.
Here are the three main ways people usually make cross-chain transfers:
1. Centralized Exchanges (CEXs):
You can use these platforms to exchange one crypto asset for another. But, just like a money transfer service, you have to trust the platform with your funds. There are often high fees, and the process isn’t as fast as you might like.
2. Blockchain Bridges:
These are decentralized alternatives. They let you move assets between blockchains without a middleman. However, they’re not always reliable and can be slow. If something goes wrong, you risk losing your funds.
3. Decentralized Exchanges (DEXs):
These exchanges don’t require a central authority, and they can help you trade assets directly with other people. But again, issues like slippage (where the price of an asset changes during the trade) can still make the process more complicated than it should be.
In short, cross-chain transactions are not as simple, fast, or secure as they should be, and the current methods often leave us frustrated.
The Future of Cross-Chain Transactions: Better, Faster, More Secure
The good news is that things are changing. Innovations in the blockchain space are starting to make cross-chain transactions faster, more affordable, and much easier. Here are a few ways this is happening:
1. Locking in Your Exchange Rate Before You Swap
One of the biggest problems when swapping tokens between blockchains is not knowing what price you’re getting. Imagine going to a currency exchange and hoping for the best rate, not knowing if it’ll change as you’re making your transaction. With new solutions like Request-for-Quote (RFQ) protocols, you can lock in your exchange rate before you commit to the transaction. It’s like agreeing on a price at the store before you make the purchase. No surprises.
2. Keeping Full Control of Your Funds
Traditionally, when you use an exchange or a bridge, you have to send your funds to their platform before completing the transaction. This can feel risky because you’re trusting them with your crypto. With newer cross-chain technologies, your funds stay in your wallet until the transaction is confirmed. This gives you more control and reduces the risks of losing your assets.
3. Instant Transactions with Minimal Wait Time
If you’ve ever transferred assets between blockchains, you know that waiting for your transaction to be confirmed can take hours. The good news? Some platforms are now making these transactions almost instant. Using new tech that improves communication between blockchains, transfers can happen in seconds instead of hours — making cross-chain trading feel more like a fast, efficient bank transfer.
4. Transparent Fees and Lower Costs
When you’re dealing with cross-chain transactions, it’s frustrating to encounter hidden fees at the last minute. The good news is that many new platforms show you exactly what you’ll pay upfront, eliminating surprise charges. With more competitive fees, you can save money, making the entire experience more affordable.
What Does This Mean for You
So, why should you care?
More Control: You can move assets between blockchains without relying on third parties. You stay in control of your funds at all times.
Faster Transactions: No more waiting for hours for your assets to arrive.
Lower Costs: With clearer pricing and lower fees, you keep more of your assets.
Easier Experience: A simpler, faster process means fewer headaches for you.
These improvements make cross-chain transactions not just easier, but also safer and more cost-effective.
A Glimpse into the Future: A Connected Blockchain Ecosystem
In the long run, these improvements will lead to a more connected blockchain world. Think of it like the early days of the internet. When email first started, you couldn’t send messages between different platforms. But over time, email systems became interoperable, and today you can send an email from any platform to any other.
The future of cross-chain transactions is similar. As different blockchains become better at communicating with each other, moving assets between them will be as simple as sending an email. The more seamless the process becomes, the easier it will be for everyone to participate in the growing world of decentralized finance.
Wrapping Up: Embracing the Change
Cross-chain transactions are becoming more accessible, and the technology behind them is improving. Whether you're trading on a DEX, using a blockchain bridge, or sending assets between different networks, new solutions are making the process faster, more secure, and more user-friendly.
As blockchain technology continues to evolve, cross-chain interoperability will become the norm, helping to unlock the true potential of decentralized finance. So, keep an eye on these developments — the future of crypto is about to get much more connected.
What’s your experience with cross-chain transactions? Have you faced any challenges or found new solutions that made things easier? Share your thoughts in the comments — I’d love to hear your feedback!
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tradekey-b2b · 4 months ago
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The Rise of B2B Marketplaces
B2B marketplaces serve as digital meeting points for buyers and sellers. Over the last decade, they have gained traction due to the convenience, speed, and efficiency they offer to businesses looking to trade internationally. Traditional methods of sourcing and procurement, involving in-person meetings, trade shows, or middlemen, are increasingly being replaced by digital platforms like TradeKey.
TradeKey, launched in 2006, is one of the pioneers in the B2B online space, providing a platform where manufacturers, suppliers, importers, and exporters can interact seamlessly. The platform caters to various industries, including electronics, machinery, agriculture, textiles, chemicals, and more. With its headquarters in Saudi Arabia, TradeKey has a strong presence globally, particularly in emerging markets across Asia, the Middle East, and Africa.
TradeKey’s Unique Selling Proposition (USP)
What sets TradeKey apart from other B2B platforms is its focus on trust and verification. Given the rise of fraudulent activity and scams in international trade, buyers and sellers alike require a platform that ensures safety and reliability. TradeKey addresses this need through its Verified Buyers Database, a unique feature that guarantees that the buyers listed on the platform have undergone a rigorous verification process. This verification process helps in minimizing the risk of fraud and instills confidence in businesses using the platform.
This Verified Buyers Database is particularly valuable for suppliers and exporters looking to tap into global markets without the fear of encountering fake buyers or fraudulent transactions. TradeKey’s platform also allows businesses to verify potential buyers, ensuring that both parties involved in a transaction can trust each other, which is a significant advantage in today's interconnected global trade environment.
Navigating TradeKey: Key Features and Benefits
Global Reach and Industry Focus: TradeKey’s platform is vast, covering more than 9 million registered users from 240 countries. Its global network spans a wide array of industries, allowing businesses to find partners from virtually any sector. The platform's design allows suppliers and buyers to search for products based on industry categories, making it easier to find the right match.
Verified Buyers and Suppliers: As mentioned earlier, TradeKey’s verification system is one of its most crucial aspects. By focusing on transparency, the platform enhances trust among users. Verified buyers and suppliers can negotiate with greater confidence, reducing the risk of scams or unreliable business deals. This feature is particularly beneficial for small and medium-sized enterprises (SMEs), which may lack the resources to conduct extensive background checks on potential partners.
Trade Shows and RFQs: TradeKey provides access to global virtual trade shows, allowing businesses to showcase their products to a global audience without the costs associated with physical participation. Additionally, businesses can post Request for Quotations (RFQs), making it easy to receive proposals from multiple suppliers or manufacturers. This feature streamlines the procurement process, especially for buyers looking to compare offers and select the best deal.
Digital Marketing and Branding Support: Beyond merely connecting buyers and suppliers, TradeKey also offers digital marketing and branding solutions. The platform provides tools to help businesses optimize their listings, making them more visible to potential buyers. Through effective SEO techniques, businesses can ensure their products appear at the top of search results, increasing visibility and lead generation.
Buyer and Seller Communication Tools: Communication is key in B2B transactions, and TradeKey has built-in communication tools that allow for direct messaging, inquiries, and real-time negotiations between buyers and sellers. This reduces the time typically involved in email exchanges or delayed responses, helping to speed up decision-making and order placement.
Market Insights and Analytics: TradeKey also offers access to valuable market data and analytics, which can guide businesses in making informed decisions. By understanding market trends, buyer preferences, and pricing strategies, businesses can fine-tune their offerings and enhance their competitiveness in the global market.
Security and Trust: Overcoming B2B Fraud
One of the biggest challenges in the B2B space is the prevalence of scams and fraud. Many businesses, especially smaller ones, are wary of international trade due to the risk of dealing with unknown or unverified parties. TradeKey addresses these concerns by offering TradeKey GoldKey Membership and TradeKey TrustPass Membership, which provide additional layers of security and credibility for businesses. These memberships allow companies to display their verified status, making them more attractive to potential buyers.
TradeKey also actively educates its users about B2B safety, offering guides on how to avoid scams, identify red flags, and ensure secure payment methods. The platform's dedication to transparency and security has made it a trusted name in the industry, particularly among SMEs looking to expand globally.
The Role of TradeKey in Global Business Growth
In the context of the global supply chain, TradeKey has become a significant facilitator of cross-border trade. Its role is particularly important for businesses in developing regions, where access to global markets might otherwise be limited. By providing a safe, efficient, and user-friendly platform, TradeKey is not only helping businesses find international buyers and suppliers but also contributing to global economic growth by fostering trade partnerships.
Conclusion
As the world becomes increasingly connected, platforms like TradeKey will continue to play a vital role in enabling international trade. With its focus on trust, verification, and ease of use, TradeKey has positioned itself as a go-to platform for businesses looking to expand their global footprint. Whether you are a buyer seeking reliable suppliers or a seller aiming to reach new markets, TradeKey offers the tools, resources, and support needed to succeed in today’s competitive B2B landscape.
By emphasizing security and fostering transparency, TradeKey ensures that businesses can engage in global trade with confidence, making it an invaluable resource in the modern business world
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byelacey · 2 years ago
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I love your merch! As someone who’s bought a lot of pierces and loves the quality of everything, do you have any tips for someone also looking into making stickers, pins, etc? What sites/manufacturers should be avoided? Which do you like best?
i don't know about who should be avoided & i'm always learning new things when it comes to making my own merch because in my mind i'm still pretty new at this but i'll do my best to send you some recs! for stickers i use stickerapp! their templates are really user-friendly and their colours print so vibrantly even when you kick them over RBG files like i constantly do. i've printed a set of pride stickers and the colours all came back really true to what i wanted (purple prints a TAD dark). you can also ask them for special things in the notes like if you want their UV ink or you want the space between the design and cut line to be a different colour. their MOQ (minimim order quantity) is also pretty low, usually somewhere between 20-30 depending on the size & material of the sticker. the quality is also top-notch. their vinyl stickers really hold up. for pins i go through alibaba which can be kind of an overwhelming experience. luckily, one of the more popular manufacturers made their own website and it looks more "cute artsy con-goer" than "mass manufacturer" and that is vograce! if you want to dive into alibaba and start sending out RFQs (requests for quotes) to manufacturers go for it! there are so many! but vograce is a much more beginner friendly exprience. (also, hannako knows everything there is to know about making enamel pins. buy their book here) if you're interested in books, i use mixam. they make beautiful books, are based in canada (huge boon for me, as a canadian beholden to duty fees) and are happy to hold your hand through the prepress process. they also have templates and their uploading process is very clean and again, in my opinion, beginner friendly! those are all my recs i can think of right now. i'm currently poking my head into POD services for my dog comic, and know very little about it all. merch feels like a constant learning experience haha.
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partnerportalai · 1 year ago
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saperp · 1 year ago
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Top SAP MM Consultant Interview Questions: Prepare for Success
What is the scope of SAP MM?
The scope of SAP MM (Materials Management) is quite extensive, covering a wide range of procurement and inventory management processes within an organization. Here are the key areas that fall under the scope of SAP MM:
Material Master Data: SAP MM encompasses the management of material master data, which includes details about materials, such as descriptions, classifications, storage locations, and purchasing information.
Procurement Processes: SAP MM covers various procurement processes, including purchase requisitions, purchase orders, request for quotations, vendor evaluation, and contract management. It ensures smooth and efficient procurement of goods and services.
Inventory Management: SAP MM facilitates effective management of inventory, including stock monitoring, goods receipts, goods issues, stock transfers, physical inventory, and stock valuation.
Warehouse Management: SAP MM integrates with SAP Warehouse Management (WM) module to handle warehouse operations, such as inbound and outbound processes, storage bin management, and inventory control.
Invoice Verification: SAP MM includes functionalities for invoice verification, which involves comparing vendor invoices with purchase orders and goods receipts to ensure accuracy and initiate payment processing.
Material Requirement Planning (MRP): SAP MM supports MRP processes, which involve determining the materials and quantities required to fulfill production or customer demands, and generating procurement proposals accordingly.
Introduction: (sap mm consultant interview questions)
 If you’re aspiring to become an SAP MM (Materials Management) consultant or have an upcoming interview for this role, it’s essential to be well-prepared. SAP MM consultants play a vital role in managing the procurement and inventory processes within an organization. To help you ace your interview, we’ve compiled a list of informative and common SAP MM consultant interview questions, along with some valuable insights and tips.
Question: What is the purpose of the SAP MM module, and what functionalities does it encompass?
Answer: The SAP MM (Materials Management) module focuses on managing the procurement and inventory processes within an organization. Its functionalities include material master data management, purchase requisitions, purchase orders, goods receipt, invoice verification, inventory management, and vendor management.
Question: How do you handle material master data in SAP MM, and why is it important?
Answer: Material master data in SAP MM is managed through the Material Master record. It contains detailed information about materials, such as descriptions, procurement details, storage locations, and accounting data. Accurate and up-to-date material master data is crucial for efficient procurement, inventory management, and reporting processes. It ensures that the right materials are available at the right time and at optimal costs.
Question: Can you explain the different types of procurement processes in SAP MM?
Answer: In SAP MM, the different types of procurement processes include:
Purchase Requisition (PR): A request to procure materials or services.
Request for Quotation (RFQ): Inviting suppliers to submit quotations for materials or services.
Purchase Order (PO): An official document to procure materials or services from a vendor.
Goods Receipt (GR): Recording the receipt of materials into inventory.
Invoice Verification: Verifying vendor invoices against purchase orders and goods receipts.
Question: How do you define a source list in SAP MM, and how is it used in the procurement process?
Answer: A source list in SAP MM is a list of approved vendors for a material. It helps ensure that only specific vendors are selected during the procurement process. The source list is maintained at the plant level and specifies the validity dates for each vendor. This helps control the procurement process and maintain consistent quality and pricing from approved vendors.
Question: Can you explain the difference between a purchase requisition and a purchase order in SAP MM?
Answer: A purchase requisition (PR) is an internal document that is used to request the procurement of materials or services. It initiates the procurement process. On the other hand, a purchase order (PO) is an official document issued to a vendor to procure materials or services. A PR is a request, while a PO is a formal commitment to purchase.
Question: How do you handle the subcontracting process in SAP MM?
Answer: The subcontracting process in SAP MM involves sending materials to a subcontractor for processing or assembly. Here are the key steps:
Create a subcontracting purchase requisition.
Convert the purchase requisition into a subcontracting purchase order.
Transfer the materials to the subcontractor using a goods issue.
Receive the processed or assembled materials using a goods receipt.
Perform invoice verification for the subcontracting services provided.
Question: How do you perform inventory management in SAP MM?
Answer: Inventory management in SAP MM involves tracking and controlling materials within the organization. Key activities include:
Goods Receipt: Recording the receipt of materials into inventory from vendors or other sources.
Goods Issue: Issuing materials from inventory for internal consumption or external use.
Stock Transfer: Transferring materials between different storage locations or plants.
Stock Adjustment: Adjusting inventory quantities due to physical inventory counts or other reasons.
Stock Valuation: Valuing inventory using various methods, such as moving average price or standard price.
Question: Can you explain the concept of a release strategy in SAP MM?
Answer: A release strategy in SAP MM defines the approval process for purchase requisitions and purchase orders based on predefined criteria, such as the value of the document or the purchasing organization. It ensures that the appropriate individuals or departments review and approve procurement documents before they are finalized and sent to vendors. Release strategies help maintain control and adhere to internal authorization requirements.
Question: How do you handle pricing conditions in SAP MM?
Answer: Pricing conditions in SAP MM determine the cost or price of materials during procurement. They include elements like base prices, discounts, surcharges, and taxes. Pricing conditions are maintained in condition records and can be automatically determined based on factors such as the vendor, material, quantity, or purchasing organization. The pricing procedure in SAP MM determines the sequence and logic for pricing condition determination.
Question: How do you handle vendor evaluation and selection in SAP MM?
Answer: Vendor evaluation in SAP MM is performed to assess and select the most suitable vendors based on criteria such as quality, delivery performance, and price. The evaluation can be based on subjective assessments or objective measures, such as on-time delivery percentages or defect rates. The results of vendor evaluation can be used to negotiate better terms, maintain a preferred vendor list, and improve overall procurement processes.
Question: How do you handle the process of invoice verification in SAP MM?
Answer: Invoice verification in SAP MM involves matching the vendor’s invoice with the purchase order and goods receipt to ensure accuracy and validity. The process includes:
Verifying that the invoice matches the purchase order and goods receipt.
Checking for any discrepancies or variances in quantities, prices, or terms.
Resolving any issues or discrepancies with the vendor.
Posting the invoice for payment processing in SAP FI (Financial Accounting).
Question: How do you handle stock valuation in SAP MM?
Answer: Stock valuation in SAP MM determines the monetary value of inventory items in the system. It can be done using various methods, such as moving average price or standard price. Moving average price calculates the average cost based on the goods received, while standard price uses a predetermined cost for valuation. Valuation is essential for accurate financial reporting and inventory control.
Question: Can you explain the concept of consignment in SAP MM?
Answer: Consignment in SAP MM refers to a scenario where a vendor’s materials are stored at the customer’s premises, but the ownership of the materials remains with the vendor until they are consumed. The customer only pays for the materials when they are actually used. Consignment stock is tracked separately in SAP MM, and the vendor’s liability is settled based on the consumption of the materials.
Question: How do you handle the integration between SAP MM and SAP SD (Sales and Distribution)?
Answer: Integration between SAP MM and SAP SD enables seamless flow of information and processes. Key integration points include:
Material Master Data: Materials created in SAP MM are used for sales order processing in SAP SD.
Availability Check: SAP SD checks the availability of materials in SAP MM to determine if the requested quantities can be delivered.
Delivery Processing: Deliveries in SAP SD trigger goods issue postings in SAP MM for inventory reduction.
Billing: Billing documents in SAP SD generate accounting entries for revenue recognition and financial reporting.
Question: How do you handle inventory optimization in SAP MM?
Answer: Inventory optimization in SAP MM involves maintaining optimal inventory levels to meet demand while minimizing excess stock. Some approaches to inventory optimization include:
Forecasting and Demand Planning: Using historical data and demand forecasts to predict future material requirements.
ABC Analysis: Classifying materials based on their consumption value to prioritize inventory management efforts.
Reorder Point Planning: Setting minimum stock levels that trigger replenishment to avoid stockouts.
Just-in-Time (JIT) Procurement: Aligning material procurement with production or customer demand to reduce inventory holding costs.
Question: How do you handle the process of subcontracting in SAP MM?
Answer: Subcontracting in SAP MM involves outsourcing certain operations or processes to a subcontractor. Here are the key steps:
Create a subcontracting purchase requisition.
Convert the purchase requisition into a subcontracting purchase order.
Transfer the components to the subcontractor using a goods issue.
Receive the finished or processed goods using a goods receipt.
Perform invoice verification for the subcontracting services provided.
Question: How do you handle the process of physical inventory in SAP MM?
Answer: Physical inventory in SAP MM involves conducting periodic stock counts to verify the accuracy of inventory quantities. Key steps include:
Planning and scheduling the physical inventory count.
Performing the physical count and recording the actual quantities.
Comparing the actual quantities with the system quantities.
Resolving any discrepancies or variances.
Adjusting the inventory quantities based on the findings.
Question: Can you explain the concept of batch management in SAP MM?
Answer: Batch management in SAP MM involves tracking and managing materials that are produced or procured in batches. Each batch is assigned a unique identification number and can be traced throughout the entire supply chain. Batch management is crucial for industries where product traceability, quality control, and shelf-life management are essential, such as pharmaceuticals and food manufacturing.
Question: How do you handle the process of vendor evaluation in SAP MM?
Answer: Vendor evaluation in SAP MM is performed to assess and rate vendors based on various criteria, such as quality, delivery performance, service level, and price competitiveness. The evaluation process typically involves creating evaluation questionnaires, collecting feedback from relevant stakeholders, analyzing the results, and generating vendor performance reports. The evaluation results help in making informed decisions regarding vendor selection and improvement initiatives.
Question: How do you handle the integration between SAP MM and SAP FI (Financial Accounting)?
Answer: Integration between SAP MM and SAP FI ensures the seamless flow of financial information related to procurement and inventory management. Key integration points include:
Goods Receipt: Goods receipts in SAP MM trigger accounting postings in SAP FI for inventory valuation and cost recognition.
Invoice Verification: Verified invoices in SAP MM generate accounting entries in SAP FI for expense recognition and liability settlement.
Asset Management: SAP MM provides information on fixed assets, which is integrated with SAP FI for asset accounting and depreciation.
Conclusion: (sap mm consultant interview questions)
Preparing for an SAP MM consultant interview requires a solid understanding of the module’s key concepts and processes. By familiarizing yourself with these interview questions and their insights, you’ll be well-equipped to showcase your knowledge, skills, and practical experience. Remember to supplement your theoretical understanding with real-world examples and demonstrate your ability to apply SAP MM principles in practical scenarios. Best of luck with your SAP MM consultant interview!(sap mm consultant interview questions)
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piizunn · 2 years ago
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wait what movement did rfq co opt? i don’t know much about her at all but it seems like a lot of people online love her
someone posted recently how she essentially wormed her way into a movement being lead by an Indigenous student called “We The Students” based off of “We The People” and made it all about sex ed
she’s also been extremely abelist in the past when ppl asked her to use plain language/explain terms
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sapariba · 8 days ago
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SAP Ariba Online Training Institute in Hyderabad | SAP Ariba
What is Ariba Discovery & How Does It Help Suppliers?
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Introduction:
SAP Ariba Discovery sourcing products and services from the right suppliers is vital for businesses seeking to remain competitive. With an ever-expanding global market, businesses need solutions that streamline the supplier discovery and sourcing process. SAP Ariba Discovery is one such solution, which offers a cloud-based platform designed to help businesses find new suppliers and enables suppliers to promote their offerings to potential customers. This article delves into Ariba Discovery, explaining its features, benefits, and how it helps suppliers grow their businesses. SAP Ariba Training
Overview of SAP Ariba Discovery
SAP Ariba Discovery is a part of the broader SAP Ariba suite, which is a cloud-based procurement platform. The core objective of Ariba Discovery is to provide a marketplace where buyers and suppliers can easily connect. Ariba Discovery helps buyers search for suppliers, post sourcing requirements, and receive bids or offers from suppliers who are capable of fulfilling those requirements. It operates globally, allowing businesses to tap into a vast network of suppliers from various industries and regions.
For suppliers, Ariba Discovery acts as a tool for visibility, helping them reach new customers and expand their reach by engaging with potential buyers. By joining Ariba Discovery, suppliers gain access to a wide network of global businesses actively looking for their products or services.
Key Features of Ariba Discovery
Global Supplier Network Ariba Discovery connects buyers with suppliers from around the world, enabling businesses to discover new sourcing options and reach suppliers in different markets. With a vast network of suppliers, businesses can explore alternatives to their current vendors and potentially find better or more cost-effective options.
Buyer-Supplier Matching Ariba Discovery uses smart algorithms to match buyers with relevant suppliers based on specific sourcing needs. When buyers post their requirements, the platform provides a list of suppliers whose products, services, and capabilities align with the buyer’s needs. This reduces the time spent searching for the right supplier and makes the procurement process more efficient.
Sourcing Opportunities Suppliers can explore a variety of sourcing opportunities posted by buyers. These opportunities can range from simple procurement requests to complex sourcing events, such as requests for proposals (RFPs) or requests for quotations (RFQs). By engaging with these opportunities, suppliers can submit bids, quotations, and proposals, increasing their chances of winning contracts.
Supplier Profile and Visibility Suppliers create detailed profiles on Ariba Discovery, showcasing their capabilities, products, and services. These profiles make it easier for buyers to understand what suppliers offer, their business reputation, and their track record. A well-crafted supplier profile is an essential tool for attracting new buyers and building credibility in the marketplace.
Real-Time Communication Ariba Discovery facilitates direct communication between buyers and suppliers. This feature allows suppliers to answer questions, negotiate terms, and clarify any points regarding the requirements. Buyers can also request additional information from suppliers, ensuring clear and transparent communication throughout the sourcing process. SAP Ariba Online Training
Bid Management Ariba Discovery provides a streamlined bid management system that enables suppliers to submit and manage their bids for various sourcing opportunities. Suppliers can track the progress of their bids, communicate with the buyer, and make necessary adjustments to improve their chances of winning the business.
Market Intelligence Ariba Discovery also offers valuable market insights to suppliers, including trends in buyer demand, pricing benchmarks, and competitor activity. This market intelligence helps suppliers stay competitive by adjusting their strategies and offerings in response to market needs.
How Ariba Discovery Helps Suppliers
Increased Visibility and Exposure One of the biggest challenges suppliers face is getting their products and services noticed by potential buyers. Ariba Discovery offers suppliers the opportunity to gain exposure to a global network of buyers. By listing their capabilities on Ariba Discovery, suppliers increase their chances of being discovered by businesses actively seeking their offerings.
Access to New Business Opportunities Ariba Discovery provides suppliers with access to a continuous flow of new business opportunities. Whether it’s small or large enterprises, suppliers can find new customers from different industries and regions who are actively looking for their products or services. This constant stream of opportunities helps suppliers grow their client base and improve their revenue streams.
Streamlined Sourcing Process Traditionally, sourcing new clients involved a lot of time and effort, often relying on outdated methods such as cold calling or attending trade shows. Ariba Discovery simplifies this process by providing a centralized platform where suppliers can easily browse sourcing opportunities, submit bids, and interact with buyers. This efficiency allows suppliers to focus more on their business and less on time-consuming prospecting activities.
Cost-Effective Marketing Traditional marketing efforts such as advertising or attending trade events can be costly, especially for small or medium-sized suppliers. Ariba Discovery offers an affordable alternative by providing suppliers with an online platform to showcase their products and services to a vast audience. This digital visibility allows suppliers to market themselves cost-effectively without spending a fortune on conventional advertising.
Improved Supplier-Buyer Relationships Ariba Discovery fosters transparent communication between suppliers and buyers, making it easier for both parties to build strong relationships. By participating in the platform, suppliers can respond to requests quickly, clarify product details, negotiate pricing, and handle contracts. This engagement improves trust, which can lead to long-term business partnerships.
Competitive Advantage Suppliers who participate in Ariba Discovery have a competitive edge over others who are not part of the network. By showcasing their products to a global audience of buyers, suppliers can position themselves as trusted, reliable, and accessible. Additionally, suppliers can learn from the market intelligence provided by Ariba Discovery to refine their offerings and pricing strategies.
Better Supply Chain Management By having access to a diverse range of suppliers and being part of a connected network, businesses can create more robust supply chains. Suppliers who use Ariba Discovery can contribute to a buyer’s supply chain by offering competitive pricing, high-quality products, and reliable services. This collaboration benefits both parties and improves overall supply chain efficiency. SAP Ariba Course Online
Opportunities for Growth As suppliers increase their visibility and gain access to more business opportunities, they also position themselves for growth. Ariba Discovery allows suppliers to scale their operations by opening doors to larger contracts, working with more high-profile clients, and expanding their global presence. By continually participating in the platform and securing business deals, suppliers can foster long-term growth and success.
Conclusion
In summary, SAP Ariba Discovery is a powerful tool for suppliers seeking to expand their reach, increase visibility, and secure new business opportunities. The platform’s global network, real-time communication features, and ability to match suppliers with relevant buyers make it a vital resource in today’s competitive marketplace. By leveraging Ariba Discovery, suppliers can streamline their sourcing process, enhance their marketing efforts, and build stronger supplier-buyer relationships, ultimately driving growth and success in their businesses.
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floorinsite · 11 days ago
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Tender - Undercliffs NNR Pinhay Groundworks Concreting contract 2025
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Natural England
Published date: 24 December 2024
Open opportunity – This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.
Contract summary
Industry
Building construction work – 45210000
Location of contract
South West
Value of contract
ÂŁ10,000 to ÂŁ30,000
Procurement reference
Undercliffs NNR Pinhay Groundworks Concreting contract 2025
Published date
24 December 2024
Closing date
24 January 2025
Closing time
5pm
Contract start date
27 January 2025
Contract end date
28 March 2025
Contract type
Works
Procedure type
Competitive quotation (below threshold)What is a competitive quotation (below threshold)?
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Groundworks and concreting works required in 4 jobs. Job 1 – Container access step extension and repair Approx 14.5m x 0.5m x 0.25m new concrete. Break out and  make good broken areas. Infill and extend existing step to  area shown on plan & dimensions above. Job 2 – Concrete floor replacement between Welfare Unit and small container Area approx. 5.1m x 8.7m. Remove old concrete base and shingle area next to welfare unit. Dig out and install compacted sub-base type 1  material 100mm depth, with 200mm depth concrete laid on top. Job 3 – Concrete access ramp  To be carried out in conjunction with jobs 1 & 2.  Size area 2m x 3m new concrete. Dig out and install compacted  sub-base type 1 material 100mm depth, with 200mm depth  concrete laid on top. Job 4 – Shingle replacement in front of containers Approx. 14.5m x 3m. Remove shingle excavate and install compacted  sub-base type 1 material100mm depth, with 200mm depth  concrete laid on top. All excavated materials to be removed from site and disposed of by the  contractor. Shingles may be re-used to form part of compacted sub-base
More information
Attachments
LIT 63303 – Guided Buying Request for Quote Undercliffs NNR Pinhay Workbase Groundworks Concreting contract.docx
Bidding documents
LIT 63283 – Guided Buying_Specification template Undercliffs NNR Pinhay Groundworks Concreting contract.docx
Technical specifications
Undercliffs NNR Pinhay groundworks 2025.pdf
Technical specifications
Order Form NE Standard Goods & Services Terms and Conditions Undercliffs NNR Pinhay Groundworks Concreting contract.docx
Contract draft
Additional text
To apply for this opportunity you must submit your quotation meeting the requirements detailed in the Request for Quotation (RFQ) attached. Your response must be sent to [email protected] 5pm on 24/01/25. If you have any clarification questions linked to this opportunity or the procurement process please submit these via email to [email protected]. Please note that, unless commercially sensitive, both the question and the response will be circulated to all tenderers.
Source: Contracts Finder licensed under the Open Government Licence v.1.0.
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sokowachi · 12 days ago
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Omniston: Redefining Decentralized Trading on STONfi DEX
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When it comes to decentralized finance (DeFi), one question often looms large: How can we make trading more secure, efficient, and accessible for everyone? The answer may lie in Omniston, a groundbreaking innovation on STONfi DEX that’s transforming how we think about liquidity and trading.
In this article, I’ll break down what Omniston is, why it matters, and how it could be the future of trading for both the TON ecosystem and the broader DeFi industry.
What Is Omniston
At its core, Omniston is a decentralized liquidity protocol designed to work seamlessly within the STONfi DEX. Instead of relying on traditional liquidity pools, Omniston connects traders directly with market makers through a Request for Quote (RFQ) mechanism.
Imagine you’re at a bustling farmer’s market. Instead of blindly accepting the first price offered for a basket of apples, you get to ask every vendor for their best price. Once you find the best deal, you make the purchase directly, without middlemen or unnecessary fees. That’s essentially how Omniston works—only in the digital world of cryptocurrency trading.
Why Does Omniston Matter
If you’ve ever traded on a DEX, you know that security, slippage, and liquidity fragmentation can be major headaches. Omniston tackles these challenges head-on, offering a suite of benefits that make trading not only safer but also more transparent and cost-effective.
1. Full Control Over Your Funds
With Omniston, you’re always in charge. Funds stay in your wallet until the moment a trade is executed. There’s no need to deposit assets into a centralized exchange or third-party platform. It’s as if you were holding your cash until the very second you hand it over for a purchase—ensuring complete control and minimizing risks.
2. No Middlemen, Just Smart Contracts
In traditional trading systems, trust often rests on third parties, like brokers or centralized platforms. Omniston eliminates this need. Using smart contracts, trades happen only when both parties meet the agreed terms. Think of it as a handshake deal that’s automatically enforced by technology—no room for misunderstandings or foul play.
3. Transparent and Predictable Pricing
We’ve all experienced hidden fees or unexpected costs at some point, whether in traditional finance or crypto. Omniston’s RFQ mechanism ensures that you know exactly how much you’re paying and receiving before you confirm a trade. There’s no slippage or price surprises—just clear, upfront pricing every time.
STONfi DEX and Omniston: A Perfect Partnership
STONfi DEX has always been about pushing the boundaries of what’s possible in decentralized trading. The introduction of Omniston takes this mission to the next level, addressing some of the biggest challenges in DeFi today.
Unified Liquidity for Seamless Trading
Liquidity fragmentation has long been a problem in the DeFi space. When liquidity is spread across multiple platforms, it can be hard to find the best prices. Omniston unifies liquidity within STONfi DEX, making it easier for traders to access competitive rates without hopping between platforms.
Efficiency at Its Core
Omniston combines the best of on-chain and off-chain trading processes. While trades are initiated off-chain for speed, they’re settled on-chain for security. It’s like blending the speed of a digital payment app with the security of a bank vault—fast, reliable, and safe.
A Gateway to the TON Ecosystem
For developers and projects, Omniston offers unparalleled access to the TON ecosystem. With millions of users and countless unique projects, STONfi DEX becomes a gateway to a thriving blockchain community, powered by Omniston’s innovative technology.
Why Liquidity Matters in Crypto
To understand the impact of Omniston, it helps to think about liquidity. Liquidity is the lifeblood of any trading system, much like cash flow is to a business. Without sufficient liquidity, transactions become slower, costlier, and less predictable.
Omniston changes the game by pooling liquidity into a single, unified system. This ensures that every trader—whether you’re swapping $10 or $10,000—gets the best price available. It’s like walking into a store where every product is always in stock and priced fairly.
The Bigger Picture: Omniston’s Role in DeFi
Omniston isn’t just a new feature—it’s a glimpse into the future of DeFi. By addressing key pain points like security, transparency, and liquidity fragmentation, it’s setting a new standard for decentralized exchanges.
For users, this means a better trading experience that’s both intuitive and secure. For developers and projects, it opens doors to new opportunities within a growing ecosystem. And for the broader DeFi community, it’s a step toward a more connected and efficient financial system.
Final Thoughts
Innovation is at the heart of DeFi, and Omniston is a perfect example of what’s possible when technology meets user needs. By integrating this protocol into STONfi DEX, we’re not just improving the trading experience—we’re building a foundation for the future of decentralized finance.
Whether you’re a seasoned trader or just starting your DeFi journey, Omniston offers a level of security, transparency, and efficiency that’s hard to beat. It’s time to rethink how we trade and embrace the possibilities that innovations like this bring to the table.
Let’s continue the conversation: What excites you most about Omniston and its role in the STONfi DEX ecosystem?
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