A quantity contract is an agreement that your customer will order a certain quantity of a product from you during a specified period. The contract contains basic quantity and price information but no schedule of specific delivery dates and quantities.(If the customer provides delivery information, you can create ascheduling agreement instead).
The customer fulfills a contract by placing sales orders against it. These sales orders are known as release orders (or call-offs).
You can specify in the contract which other partners in addition to the sold-to party are authorized to release against the contract. For further information, seeAuthorized Partners for Release Orders.
When you create a release order, you refer to the relevant contract, and the system automatically updates the released quantities in the contract. Otherwise, processing a release order is just like processing a standard sales order.