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

SAP Term: Trading Execution Workbench type

• Component: LO-GT

• Component Name: Global Trade Management

• Description: A set of business process steps that can be configured individually to allow for processing of different logistical scenarios for example, drop shipment scenario or stock shipment scenario.

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• Key Concepts: 
  The Trading Execution Workbench type Component is part of the LO-GT Global Trade Management module in SAP. It is a tool that helps companies manage their global trading operations, including the execution of international trade transactions. It provides a comprehensive view of the entire trading process, from order entry to shipment and payment. It also helps companies to comply with international trade regulations and to optimize their trading operations. 
  
  How to use it: 
  The Trading Execution Workbench type Component can be used to manage the entire trading process, from order entry to shipment and payment. It provides an overview of all trading activities, including order entry, shipment tracking, payment processing, and compliance with international trade regulations. It also allows users to monitor and analyze their trading operations in real time. 
  
  Tips & Tricks: 
  When using the Trading Execution Workbench type Component, it is important to ensure that all data is accurate and up-to-date. This will help ensure that all transactions are compliant with international trade regulations and that the company is able to optimize its trading operations. Additionally, it is important to regularly review the data in the system to ensure that it is accurate and up-to-date. 
  
  Related Information: 
  The Trading Execution Workbench type Component is part of the LO-GT Global Trade Management module in SAP. Other components of this module include Trade Compliance Management, Trade Finance Management, and Trade Logistics Management. Additionally, there are other modules in SAP that can be used in conjunction with the Trading Execution Workbench type Component, such as Financial Accounting and Materials Management.