InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
What Is Quantity Contract? |
|
Answer» The quantity CONTRACT is a contract that is PREPARED after the issue of quotation but before an order. Quantity contracts are used to limit the quantity of products which a customer can buy. It is a type of ARRANGEMENT which is followed when the demand for a MATERIAL is greater than the available supply and the business needs to ensure the product supply evenly among the branches. The standard sales document type for quantity contracts in the SYSTEM is KM or CQ. The quantity contract is a contract that is prepared after the issue of quotation but before an order. Quantity contracts are used to limit the quantity of products which a customer can buy. It is a type of arrangement which is followed when the demand for a material is greater than the available supply and the business needs to ensure the product supply evenly among the branches. The standard sales document type for quantity contracts in the system is KM or CQ. |
|