What is 'individual business partner' in SAP LO - Logistics - General?

individual business partner - Overview

• Component: LO

• Component Name: Logistics - General

• Description: A legal or natural person on whom personal information is stored such as name and address.

individual business partner - Details

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  Key Concepts: 
  An individual business partner is a term used in SAP Logistics to refer to a customer or vendor that is not part of a larger organization. This type of business partner is typically an individual person or small business. 
  
  How to use it: 
  In SAP Logistics, individual business partners can be created and managed in the Business Partner Master Data application. This application allows users to create and manage customer and vendor records for individual business partners. 
  
  Tips & Tricks: 
  When creating an individual business partner record, it is important to ensure that all relevant information is entered accurately. This includes contact information, payment terms, and any other relevant data. 
  
  Related Information: 
  For more information on creating and managing individual business partners in SAP Logistics, please refer to the SAP Help documentation.