Use

Coverage involves agreements with customers on prices for specific quantities of NF metals. This quantity can then be procured from the vendor at the agreed price. Coverage can be arranged at a fixed rate or at the rate on a particular date.

Features

A distinction is made between coverage at a fixed rate and at a rate on a key date.

It is also possible to work with different coverage customers.

Coverage withdrawal is posted when a purchase order is placed. Postings are made on the basis of the quantity planned when creating or changing a purchase order. Any changed quantities on goods receipt or changes in invoice verification are subsequently ignored by the system.

The Number of posting days field is available for NF metal consumption over a longer period and can be used for statistical evaluations and as a replenishment guide in purchasing.