accumulate to own (LO-AGR-APP) |
A type of commodity contract that is mainly used for commodity purchase from vendors in an unplanned scenario. This is a type of spot contract in which the accumulation occurs over a period of time before the 'Readyto Price' indicator is set.
An accumulate to own contract is created after receiving the first load from a vendor; then the quantities from further loads are accumulated or updated to that contract.