9 - Outline Agreements Flashcards
What are the two types of outline agreements?
schedule agreements and contracts.
What is the goal of a schedule agreement?
create many delivery dates on a single line item.
What is the code for a schedule agreement?
DS.
What are the “nuts and bolts” of a schedule agreement?
Has fixed delivery dates and fixed quantities. Will delivery X on Y day.
What are the four types of contracts?
quantity contracts (QC) value contracts (WK1) material value contracts (WK2) rental contracts (QP)
What is the code for a quantity contract?
QC
What is the code for a value contract?
WK1
What is the code for a material value contract?
WK2
What is the code for a rental contract?
QP
What is a quantity contract?
A contract that states how much we will buy between X and Y. We will call when we need delivered. Will fill until fully referenced.
Is there an ATP check with quantity contracts?
no.
Do quantity contracts have schedule lines?
no.
Do quantity contracts need a release order?
yes.
What is a value contract?
An agreement on an amount of value. Not quantity.
How do you identify what materials can be purchased with a value contract?
assortment module/product hierarchy.
How do you determine item cat of a value contract?
VCTR
Material value contracts
Agree on a material up to a certain dollar amount.
Options for exceeding a value contract? (4)
yes, one time, no.
If a random item appears it’s…
usage.
when are is a schedule line created for a quantity contract?
after the release order.
What is an authorized agent for a contract?
a partner function that can perform activities on a scheduling agreement even if that person is not the original assigned partner of the scheduling agreement.
What is AA?
Alternative Sold-to
What is AW?
Alternative Ship-to
What does assigning a contract profile in a sales doc header do?
auto enters dates in a a contract.
