The strategic freight procurement process in SAP S/4HANA Transportation Management involves several steps to establish agreements with carriers. According to the SAP documentation, the key process steps include:

Evaluate responses and optimize (B): After receiving responses to RFQs, the system evaluates them based on criteria like cost, capacity, or service quality to select the best carriers.

Prepare request for quotation (RFQ) (D): This step involves creating RFQs to solicit bids from carriers for specific transportation services.

Generate freight agreements (E): Once carriers are selected, freight agreements are generated to formalize the terms, including rates and conditions.

The other options are incorrect:

Generate business shares (A)is a configuration step for carrier selection, not a core part of the strategic procurement process.

Define trade lanes (C)is part of master data setup, not a specific step in the procurement process.