What is vendor order in SAP IS-R - SAP for Retail?

SAP Term: vendor order

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Request for goods directed at an external vendor.

Smart SAP Assistant

• Key Concepts: 
  A vendor order in IS-R SAP for Retail is an order placed by a retailer to a vendor for goods or services. The order is typically placed through an electronic system, such as an EDI (Electronic Data Interchange) system, and includes details such as the type of goods or services being ordered, the quantity, the delivery date, and the payment terms. 
  
  How to use it: 
  In IS-R SAP for Retail, a vendor order is created by entering the relevant information into the system. This includes the vendor's name and address, the type of goods or services being ordered, the quantity, the delivery date, and the payment terms. Once all of this information has been entered into the system, the order can be submitted to the vendor. 
  
  Tips & Tricks: 
  When creating a vendor order in IS-R SAP for Retail, it is important to double-check all of the information that has been entered into the system. This will ensure that there are no mistakes in the order and that it is sent to the correct vendor. Additionally, it is important to ensure that all payment terms are clearly stated in the order so that there are no misunderstandings between the retailer and vendor. 
  
  Related Information: 
  In IS-R SAP for Retail, a vendor order can be tracked through its status. This includes whether it has been accepted by the vendor, if it has been shipped, and if it has been received by the retailer. Additionally, any changes to an existing vendor order can be made through IS-R SAP for Retail.