What is ordering party in SAP TM - Transportation Management?

SAP Term: ordering party

• Component: TM

• Component Name: Transportation Management

• Description: The business organization that places an order with a carrier or logistics service provider for the transportation of goods from a shipper to a consignee according to agreed-upon conditions.

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• Key Concepts: 
  Ordering party is a term used in SAP Transportation Management (TM). It is an entity that places an order for goods or services. The ordering party can be a customer, supplier, or other third-party. The ordering party is responsible for providing the necessary information to the supplier or service provider in order to complete the order. 
  
  How to use it: 
  In SAP TM, the ordering party is responsible for providing the necessary information to the supplier or service provider in order to complete the order. This includes the type of goods or services being ordered, the quantity, and any other relevant details. The ordering party must also provide payment information and any other relevant documents. Once all of this information has been provided, the supplier or service provider can then process the order. 
  
  Tips & Tricks: 
  When placing an order with a supplier or service provider, it is important to provide all of the necessary information in a timely manner. This will ensure that the order is processed quickly and accurately. Additionally, it is important to keep track of all orders placed with suppliers or service providers in order to ensure that all orders are fulfilled on time and as expected. 
  
  Related Information: 
  In SAP TM, there are several other terms related to ordering parties such as shipper, consignee, and carrier. Shipper is an entity that ships goods from one location to another. Consignee is an entity that receives goods from a shipper. Carrier is an entity that transports goods from one location to another.