A contract is a long-term framework contract between a supplier and a customer for a predefined hardware or service over a specified period of time. There are two types of contracts: supplier selection is an important process in the procurement cycle. Suppliers can be selected through the offer process. After pre-selecting a supplier, an organization enters into an agreement with that particular supplier to deliver certain items under certain conditions. When an agreement is concluded, a formal contract is usually signed with the supplier. A framework contract is therefore a long-term sales contract with a supplier. − ME2C SAP tcode for – Orders by material group The terms of a framework contract are valid for a certain period and cover a certain quantity or predefined value. .
Sap Tcode For Outline Agreements
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