What is order request in SAP FIN-FSCM-CMM - Financial Risk Management for Commodities?

SAP Term: order request

• Component: FIN-FSCM-CMM

• Component Name: Financial Risk Management for Commodities

• Description: Request to the broker for a commodity future for hedging and price fixation purposes

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• Key Concepts: 
  Order request is a feature of the Financial Risk Management for Commodities component of SAP. It allows users to create and manage orders for commodities, such as oil, gas, and metals. The order request feature allows users to define the parameters of the order, such as the quantity, price, and delivery date. It also provides a way to track the progress of the order and view its status.
  
  How to use it: 
  To use the order request feature in SAP, users must first create an order request. This can be done by selecting the “Create Order Request” option from the Financial Risk Management for Commodities menu. From there, users can enter the details of the order, such as the quantity, price, and delivery date. Once all of the details have been entered, users can submit the order request. 
  
  Tips & Tricks: 
  When creating an order request in SAP, it is important to double-check all of the details before submitting it. This will help ensure that all of the information is accurate and that there are no mistakes in the order. Additionally, it is important to keep track of all orders that have been submitted so that they can be monitored and managed properly. 
  
  Related Information: 
  For more information about using the order request feature in SAP, please refer to the Financial Risk Management for Commodities user guide. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.