9 - Outline Agreements Flashcards

1
Q

What are the two types of outline agreements?

A

schedule agreements and contracts.

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2
Q

What is the goal of a schedule agreement?

A

create many delivery dates on a single line item.

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3
Q

What is the code for a schedule agreement?

A

DS.

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4
Q

What are the “nuts and bolts” of a schedule agreement?

A

Has fixed delivery dates and fixed quantities. Will delivery X on Y day.

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5
Q

What are the four types of contracts?

A
quantity contracts (QC)
value contracts (WK1)
material value contracts (WK2)
rental contracts (QP)
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6
Q

What is the code for a quantity contract?

A

QC

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7
Q

What is the code for a value contract?

A

WK1

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8
Q

What is the code for a material value contract?

A

WK2

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9
Q

What is the code for a rental contract?

A

QP

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10
Q

What is a quantity contract?

A

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.

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11
Q

Is there an ATP check with quantity contracts?

A

no.

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12
Q

Do quantity contracts have schedule lines?

A

no.

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13
Q

Do quantity contracts need a release order?

A

yes.

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14
Q

What is a value contract?

A

An agreement on an amount of value. Not quantity.

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15
Q

How do you identify what materials can be purchased with a value contract?

A

assortment module/product hierarchy.

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16
Q

How do you determine item cat of a value contract?

A

VCTR

17
Q

Material value contracts

A

Agree on a material up to a certain dollar amount.

18
Q

Options for exceeding a value contract? (4)

A

yes, one time, no.

19
Q

If a random item appears it’s…

A

usage.

20
Q

when are is a schedule line created for a quantity contract?

A

after the release order.

21
Q

What is an authorized agent for a contract?

A

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.

22
Q

What is AA?

A

Alternative Sold-to

23
Q

What is AW?

A

Alternative Ship-to

24
Q

What does assigning a contract profile in a sales doc header do?

A

auto enters dates in a a contract.