Show TOC

 Coverage

Use

Coverage involves agreements with customers on prices for specific quantities of NF metals. Customers then draw on the bulk quantities at the agreed price. Coverage can be arranged at a fixed rate or at the rate on a particular date.

Prerequisites

If customers are permitted to draw on the coverage (bulk agreement quantities) of other coverage customers, you must also have created an appropriate bulk agreement quantity for those customers.

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 an order is placed. Postings are made on the basis of the quantity planned when creating or changing an order. Any changed quantities in deliveries or other data changes in the billing document are no longer taken into account by the system.

The Number of posting days that you can enter in the sales document is available for NF metal consumption over a longer period and can be used for statistical evaluations and as a replenishment guide in purchasing.