long term purchase contract

[aswath narayana]

Hello,
Is there a longterm purchase contract/rate contract?

Here is the descriptions of the longterm purchase/rate contract
Initially, PO is created, a specific quantity(large) and a rate is fixed.
Then, on a regular schedule, the buyer should be able to specify the
quantity that should be sent by the supplier. The terms of this still remain
the same as the PO already sent to the supplier


-Aswath

[BJ Freeman]

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Seems that Agreements would handle this.
You can have the Agreements automatically set this up as delivery schedules.
Normally this is all defined in the first PO. Some companies do not
require continued PO's but an Milestone based on the Agreements for
inventory scheduling, can be used.

aswath narayana sent the following on 4/1/2009 12:22 AM:

> Hello,
> Is there a longterm purchase contract/rate contract?
>
> Here is the descriptions of the longterm purchase/rate contract
> Initially, PO is created, a specific quantity(large) and a rate is fixed.
> Then, on a regular schedule, the buyer should be able to specify the
> quantity that should be sent by the supplier. The terms of this still remain
> the same as the PO already sent to the supplier
>
>
> -Aswath
>

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[Jacopo Cappellato-4]

I'd suggest to use the Agreement data model (and related services) for  
this; there are also some screen to create/modify data in the  
Accounting component (they should be moved to the Party component).  
Agreements are already used to setup some terms, payment net days etc.  
for sales and PO; however you will probably have to extend them in  
order to implement what you describe.

Cheers,

Jacopo

On Apr 1, 2009, at 12:52 PM, aswath narayana wrote:

> Hello,
> Is there a longterm purchase contract/rate contract?
>
> Here is the descriptions of the longterm purchase/rate contract
> Initially, PO is created, a specific quantity(large) and a rate is  
> fixed.
> Then, on a regular schedule, the buyer should be able to specify the
> quantity that should be sent by the supplier. The terms of this  
> still remain
> the same as the PO already sent to the supplier
>
>
> -Aswath

[aswath narayana]

Hello,
Is this done through WorkEffort by using temporal expression and then the
WorkEffort is linked to Agreements in the 'Agreement workeffort appls'.

Thanks.
-Aswath

On Wed, Apr 1, 2009 at 3:02 PM, BJ Freeman <[hidden email]> wrote:

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>
> Seems that Agreements would handle this.
> You can have the Agreements automatically set this up as delivery
> schedules.
> Normally this is all defined in the first PO. Some companies do not
> require continued PO's but an Milestone based on the Agreements for
> inventory scheduling, can be used.
>
> aswath narayana sent the following on 4/1/2009 12:22 AM:
> > Hello,
> > Is there a longterm purchase contract/rate contract?
> >
> > Here is the descriptions of the longterm purchase/rate contract
> > Initially, PO is created, a specific quantity(large) and a rate is fixed.
> > Then, on a regular schedule, the buyer should be able to specify the
> > quantity that should be sent by the supplier. The terms of this still
> remain
> > the same as the PO already sent to the supplier
> >
> >
> > -Aswath
> >
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> =zNGX
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>

[BJ Freeman]

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Workeffort is a combination of work done by a party and scheduling of
inventory and assets, true.
It is more focused on a complete project and/or manufacturing processes.
and there is nothing to keep Workeffort from relating to Agreements.
Agreemements though should not be solely related to Workeffort, more,
though not limited to, ordering, employment, legal, financial,
incentives,threshold and other agreement terms.
The focus was to show how Agreements could be used for Agreement Pricing
 by adding scheduling as well. This would possibly entail add Term types.





aswath narayana sent the following on 4/5/2009 6:59 AM:

> Hello,
> Is this done through WorkEffort by using temporal expression and then the
> WorkEffort is linked to Agreements in the 'Agreement workeffort appls'.
>
> Thanks.
> -Aswath
>
> On Wed, Apr 1, 2009 at 3:02 PM, BJ Freeman <[hidden email]> wrote:
>
> Seems that Agreements would handle this.
> You can have the Agreements automatically set this up as delivery
> schedules.
> Normally this is all defined in the first PO. Some companies do not
> require continued PO's but an Milestone based on the Agreements for
> inventory scheduling, can be used.
>
> aswath narayana sent the following on 4/1/2009 12:22 AM:
>>>> Hello,
>>>> Is there a longterm purchase contract/rate contract?
>>>>
>>>> Here is the descriptions of the longterm purchase/rate contract
>>>> Initially, PO is created, a specific quantity(large) and a rate is fixed.
>>>> Then, on a regular schedule, the buyer should be able to specify the
>>>> quantity that should be sent by the supplier. The terms of this still
> remain
>>>> the same as the PO already sent to the supplier
>>>>
>>>>
>>>> -Aswath
>>>>
>>

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