What is 'confirmed order' in SAP SRD-SCM - SCM-Supply Chain Management?

confirmed order - Overview

• Component: SRD-SCM

• Component Name: SCM-Supply Chain Management

• Description: An order that has been completed and approved.

confirmed order - Details

• 
  Key Concepts: 
  A confirmed order is a type of order in SAP Supply Chain Management (SCM) that has been accepted by the customer and is ready to be processed. It is a legally binding agreement between the customer and the supplier, and it includes all the details of the order, such as the quantity, delivery date, and payment terms. 
  
  How to use it: 
  In SAP SCM, a confirmed order is created when a customer places an order with a supplier. The supplier then confirms the order by entering all the details into SAP SCM. Once the order is confirmed, it can be processed and shipped to the customer. 
  
  Tips & Tricks: 
  When creating a confirmed order in SAP SCM, it is important to ensure that all the details are accurate and up-to-date. This will help to ensure that the order is processed correctly and delivered on time. 
  
  Related Information: 
  A confirmed order is different from an open order, which is an order that has not yet been accepted by the customer. Open orders can be modified or cancelled at any time before they are confirmed.