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accumulate to own (LO-AGR-APP)

Application and Call Off (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.

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