Material does not exist in delivering or production plant &

What causes this issue?

You have entered a special procurement type that specifies that the
material is to be obtained from another plant. However, the material
does not yet exist in this plant.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Choose another special procurement type or create the material in plant
&V1&.

Error message extract from SAP system. Copyright SAP SE.