What is agreement in SAP TM - Transportation Management?

SAP Term: agreement

• Component: TM

• Component Name: Transportation Management

• Description: A long-term contract between business partners that details their commitment to conduct business with each other in an agreed manner. An agreement can be legally binding. Available agreement types are, for example, freight agreement and forwarding agreement. Agreement types can be mutual between the business partners.

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• Key Concepts: 
  Agreements in SAP Transportation Management (TM) are contracts between a shipper and a carrier that define the terms and conditions of a shipment. They include details such as the cost of the shipment, the delivery date, and any special requirements. Agreements can be used to manage the relationship between shippers and carriers, as well as to ensure that all parties involved are aware of the terms and conditions of the shipment.
  
  How to Use It: 
  In SAP TM, agreements can be created manually or automatically. When creating an agreement manually, users can enter all relevant information such as the cost of the shipment, delivery date, and any special requirements. Once an agreement is created, it can be used to manage the relationship between shippers and carriers. The agreement can also be used to ensure that all parties involved are aware of the terms and conditions of the shipment.
  
  Tips & Tricks: 
  When creating an agreement in SAP TM, it is important to ensure that all relevant information is included. This includes details such as the cost of the shipment, delivery date, and any special requirements. Additionally, it is important to review agreements regularly to ensure that they are up-to-date with current market conditions.
  
  Related Information: 
  For more information on agreements in SAP TM, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_TM/9.5/en-US?q=agreement&scope=CORE&tab=SEARCH_RESULTS