What is release order in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

SAP Term: release order

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: A document used to request the delivery of part of the total quantity of products agreed upon in a contract. The release order contains information such as the quantity of products needed and the date on which they should be delivered.

Smart SAP Assistant

• Key Concepts: 
  A release order is a document used in SAP SRM-Sourcing and Contracting that is used to authorize the release of goods or services from a vendor. It is created when a purchase order is approved and contains the details of the goods or services to be released, such as quantity, delivery date, and payment terms. The release order is then sent to the vendor for processing. 
  
  How to use it: 
  In SAP SRM-Sourcing and Contracting, a release order can be created by selecting the “Create Release Order” option from the Purchase Order menu. This will open a window where you can enter the details of the goods or services to be released, such as quantity, delivery date, and payment terms. Once all of the information has been entered, you can submit the release order for approval. 
  
  Tips & Tricks: 
  When creating a release order in SAP SRM-Sourcing and Contracting, it is important to ensure that all of the details are accurate and up-to-date. This will help to ensure that the vendor receives all of the necessary information in order to process the release order correctly. Additionally, it is important to keep track of all release orders in order to ensure that they are processed in a timely manner. 
  
  Related Information: 
  For more information on release orders in SAP SRM-Sourcing and Contracting, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SRM/7.0/en-US/f9f8d3a2b6c14e8a9f3d7c2b5f9e4d1a.html