Logistics - General (LO)

An agreement defining prices, surcharges or discounts, tax, and other costs according to the influencing factors selected, such as vendor, customer, customer group, vendor sub-range, material, and service. It remains valid for a specified period.

Example:

From Jan 1 to June 30 of the current year, a price of USD 150 is agreed with customer Miller Inc. for purchase of the "luxury shelves" material from sales organization "North" and distribution channel "Retail".