What is price protection claim in SAP IS-HT-DRM - Distributor-Reseller-Management?

SAP Term: price protection claim

• Component: IS-HT-DRM

• Component Name: Distributor-Reseller-Management

• Description: Claim made for financial compensation for a price change made to a guaranteed price. If a manufacturer/supplier reduces the price of materials already sold to a distributors/reseller, the stock in the distributor/reseller's inventory is eligible for a compensation claim.

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• Key Concepts: 
  Price protection claim is a feature of the IS-HT-DRM Distributor-Reseller-Management component of SAP. It allows a distributor to claim back the difference between the price they paid for a product and the lower price that was offered to another customer. This helps to ensure that distributors are not disadvantaged by price fluctuations in the market.
  
  How to use it: 
  In order to use the price protection claim feature, a distributor must first set up a contract with their supplier. This contract should specify the terms of the price protection claim, including the amount of money that can be claimed back and any conditions that must be met in order for the claim to be valid. Once this is done, the distributor can then submit a price protection claim whenever they find that they have paid more for a product than another customer. 
  
  Tips & Tricks: 
  It is important to keep track of all price protection claims that have been submitted, as this will help to ensure that any money owed is received in a timely manner. Additionally, it is important to ensure that all contracts are up-to-date and accurate, as this will help to avoid any disputes over pricing. 
  
  Related Information: 
  For more information on how to use the IS-HT-DRM Distributor-Reseller-Management component of SAP, please refer to the official SAP documentation. Additionally, there are many online resources available which provide further information on how to use this component and other features of SAP.