A framework contract can be a contract or a delivery plan. Requirements planning can be established in such a way that the contract position is automatically linked to an order position as a source of supply. However, this requirement must be converted a posteriori into an order (contract release order). As for the delivery plan, it is possible to directly generate delivery plan positions from the planning run and thus reduce the processing time of the purchasing department. A framework contract does not contain data on delivery dates or quantities to be delivered. This data is transmitted to the supplier in two ways depending on the nature of the framework contract. A supplier is informed of the quantities and delivery dates, either in a specific form of order called a contract release order or in a delivery plan. Framework contract is a long-term sales contract between the supplier and the customer. Framework agreements are two types: the framework agreement is nothing more than a long-term purchase contract with the seller containing certain conditions for the raw material supplied by the supplier.
Framework agreement valid for a certain period of time, with a predefined quantity or a predefined value. In the case of the contract, a new order is usually placed in the system whenever goods or services are released against the contract. On the other hand, with regard to the delivery plan, there is only one document in addition to the proof of the agreement; It is the delivery plan that is constantly expanded when new quantities of needs and new delivery dates are added. Contract The contract is a decision of a contract that does not contain a delivery date for the material. The contract has two types: as with other purchase documents, a framework contract has the following elements: a framework purchase contract is a longer-term agreement with a seller covering the supply of materials or the provision of services under pre-established conditions. . . .