What is vendor in SAP LO - Logistics - General?

SAP Term: vendor

• Component: LO

• Component Name: Logistics - General

• Description: A business partner from whom materials or services can be procured.

Smart SAP Assistant

• Key Concepts: 
  A vendor in SAP is a company or individual that provides goods or services to another company. It is also known as a supplier, and is used to track the purchase of goods and services from external sources. Vendors are managed in the Logistics - General component of SAP. 
  
  How to use it: 
  In SAP, vendors can be created, edited, and deleted in the Logistics - General component. Vendors can be assigned to a company code, and their contact information can be stored in the system. Vendors can also be assigned to a purchasing organization, which allows for better tracking of purchases from that vendor. 
  
  Tips & Tricks: 
  When creating a vendor in SAP, it is important to ensure that all relevant information is entered correctly. This includes contact information, payment terms, and any other relevant details. It is also important to ensure that the vendor is assigned to the correct company code and purchasing organization. 
  
  Related Information: 
  For more information on vendors in SAP, please refer to the official SAP documentation on Logistics - General. Additionally, there are many online resources available that provide detailed tutorials on how to create and manage vendors in SAP.