What is consignee in SAP SRD-SCM-FTM - SCM-Foreign Trade Management?

SAP Term: consignee

• Component: SRD-SCM-FTM

• Component Name: SCM-Foreign Trade Management

• Description: The product recipient.

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• Key Concepts: 
  A consignee is a party that receives goods from a consignor, which is the party that sends the goods. In SAP Foreign Trade Management (FTM), the consignee is the party that receives goods from a consignor, such as a supplier or manufacturer. The consignee is responsible for paying for the goods and taking possession of them. 
  
  How to use it: 
  In SAP FTM, the consignee is entered into the system as a customer. This allows the system to track the goods and their associated costs. The consignee can also be used to generate invoices and other documents related to the shipment of goods. 
  
  Tips & Tricks: 
  When entering a consignee into SAP FTM, it is important to ensure that all relevant information is included. This includes contact information, payment terms, and any other relevant details. This will ensure that all documents related to the shipment are accurate and up-to-date. 
  
  Related Information: 
  The consignee is an important part of international trade and must be accurately tracked in order to ensure compliance with international laws and regulations. For more information on international trade regulations, please refer to the World Trade Organization website.