What is Trading Execution Workbench in SAP LO-GT - Global Trade Management?

SAP Term: Trading Execution Workbench

• Component: LO-GT

• Component Name: Global Trade Management

• Description: A central cockpit for processing trading contracts and their subcomponents. The TEW automates a large part of data entry and makes p rocessing quicker and easier while avoiding errors.

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• Key Concepts: 
  The Trading Execution Workbench (TEW) is a component of the SAP Logistics Global Trade Management (LO-GT) module. It is a web-based application that provides users with a comprehensive view of their global trading activities. The TEW enables users to manage their global trading operations, including the creation and management of purchase orders, sales orders, and other related documents. It also provides users with access to real-time market data, allowing them to make informed decisions about their trading activities. 
  
  How to use it: 
  The TEW can be used to create and manage purchase orders, sales orders, and other related documents. It also provides users with access to real-time market data, allowing them to make informed decisions about their trading activities. Additionally, the TEW can be used to track shipments and monitor the status of orders. 
  
  Tips & Tricks: 
  When using the TEW, it is important to ensure that all relevant information is entered accurately and completely. This will help ensure that all transactions are processed correctly and efficiently. Additionally, it is important to regularly review the data in the TEW to ensure that all transactions are up-to-date and accurate. 
  
  Related Information: 
  The TEW is part of the SAP Logistics Global Trade Management (LO-GT) module. Other components of this module include the Global Trade Services (GTS) module, which provides users with access to global trade compliance services; the Global Trade Compliance (GTC) module, which provides users with access to global trade compliance services; and the Global Trade Management (GTM) module, which provides users with access to global trade management services.