AFS first-level contract (IS-AFS-MM) |
The basis for a multi-level contract in purchasing.
The AFS first level contract is already created in an early planning phase. It contains information on the total quantity of materials in a material group, which you want to obtain from a vendor within a certain time period. You can create additional value contracts and quantity contracts with reference to an AFS first level contract at a later time, which contain detailed information at material level or SKU level.