What is Internal Request Processing with External Procurement in SAP AP-REQ - SRM Internal Request Processing?

SAP Term: Internal Request Processing with External Procurement

• Component: AP-REQ

• Component Name: SRM Internal Request Processing

• Description: The processing of internal requests, enabling the external procurement of non-stock goods or services.

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• Key Concepts: 
  Internal Request Processing with External Procurement is a component of SAP SRM (Supplier Relationship Management) that enables companies to manage their internal requests for goods and services from external suppliers. This component allows companies to create, approve, and track requests for goods and services from external suppliers. It also provides the ability to monitor the status of the request and ensure that it is fulfilled in a timely manner. 
  
  How to use it: 
  To use Internal Request Processing with External Procurement, companies must first create a request for goods or services from an external supplier. This request can be created manually or through an automated process. Once the request is created, it must be approved by the appropriate personnel within the company. Once approved, the request is sent to the external supplier for fulfillment. The supplier then fulfills the request and sends back a confirmation of completion. 
  
  Tips & Tricks: 
  When creating a request for goods or services from an external supplier, it is important to provide as much detail as possible about the item or service being requested. This will help ensure that the supplier can fulfill the request in a timely manner. Additionally, it is important to monitor the status of the request throughout its lifecycle to ensure that it is fulfilled in a timely manner. 
  
  Related Information: 
  Internal Request Processing with External Procurement is part of SAP SRM (Supplier Relationship Management). Other components of SAP SRM include Supplier Evaluation & Qualification, Contract Management, and Supplier Collaboration & Performance Management.