What is blanket agreement in SAP IS-HT-DRM - Distributor-Reseller-Management?

SAP Term: blanket agreement

• Component: IS-HT-DRM

• Component Name: Distributor-Reseller-Management

• Description: A contractual agreement to reduce the distributor/reseller's acquisition cost of manufacturer/supplier's material. A distributor/reseller can apply a blanket agreement on: Resale to any end customer Purchase of material from a manufacturer/supplier for resale to any end customer. Although other conditions may be attached, for example minimum order size and validity period, no mention is made of the end customer. Distributors may, therefore, resell the discounted material to any end customer.

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• Key Concepts: 
  A blanket agreement in SAP IS-HT-DRM Distributor-Reseller-Management is a contract between a supplier and a customer that outlines the terms of a long-term business relationship. It is used to define the conditions of purchase, such as pricing, payment terms, delivery terms, and other conditions. The blanket agreement can be used to create multiple purchase orders with the same conditions.
  
  How to use it: 
  To create a blanket agreement in SAP IS-HT-DRM Distributor-Reseller-Management, you must first define the conditions of the agreement. This includes setting the pricing, payment terms, delivery terms, and other conditions. Once these conditions are set, you can create multiple purchase orders with the same conditions. You can also modify or delete existing blanket agreements.
  
  Tips & Tricks: 
  When creating a blanket agreement in SAP IS-HT-DRM Distributor-Reseller-Management, it is important to ensure that all of the conditions are clearly defined and agreed upon by both parties. This will help to avoid any misunderstandings or disputes in the future. Additionally, it is important to review and update your blanket agreements regularly to ensure that they remain up to date with current market conditions.
  
  Related Information: 
  For more information on creating and managing blanket agreements in SAP IS-HT-DRM Distributor-Reseller-Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this software.