What is 'third-party purchase order' in SAP MM-PUR - Purchasing?

third-party purchase order - Overview

• Component: MM-PUR

• Component Name: Purchasing

• Description: A purchase order issued to a vendor with the instruction to supply the materials to or perform the services for a third party.

third-party purchase order - Details

• 
  Key Concepts: 
  A third-party purchase order is a document used in SAP's Materials Management (MM) Purchasing component to order goods or services from an external vendor. It is created by the purchasing department and sent to the vendor, who then supplies the goods or services. The purchase order contains all the necessary information about the goods or services being ordered, such as quantity, price, delivery date, and payment terms. 
  
  How to use it: 
  In SAP MM Purchasing, a third-party purchase order is created by entering the necessary information into the system. This includes the vendor's name and address, the item being purchased, the quantity and price of the item, and any other relevant information. Once all of this information has been entered, the purchase order can be sent to the vendor. 
  
  Tips & Tricks: 
  When creating a third-party purchase order in SAP MM Purchasing, it is important to double-check all of the information entered into the system before sending it to the vendor. This will help ensure that there are no mistakes or misunderstandings between you and the vendor. Additionally, it is important to keep track of all purchase orders sent out so that you can easily reference them in case of any discrepancies. 
  
  Related Information: 
  In SAP MM Purchasing, there are several other types of purchase orders that can be created. These include stock