What is Manage Freight Agreements in SAP TM - Transportation Management?

SAP Term: Manage Freight Agreements

• Component: TM

• Component Name: Transportation Management

• Description: An app to create and maintain freight agreements as the basis for calculating transportation charges billable to you by your carrier.

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• Key Concepts: 
  Manage Freight Agreements is a feature of SAP Transportation Management (TM) that allows users to create, manage, and monitor freight agreements with carriers. It enables users to define the terms and conditions of the agreement, such as pricing, payment terms, and service levels. The feature also provides visibility into the performance of carriers and helps users to make informed decisions about their freight agreements.
  
  How to use it: 
  To use Manage Freight Agreements, users must first create a freight agreement in SAP TM. This can be done by entering the details of the agreement, such as pricing, payment terms, and service levels. Once the agreement is created, users can monitor its performance by viewing reports on carrier performance and making adjustments as needed.
  
  Tips & Tricks: 
  When creating a freight agreement in SAP TM, it is important to ensure that all details are accurate and up-to-date. This will help ensure that the agreement is effective and that carriers are held accountable for their performance. Additionally, it is important to review reports on carrier performance regularly to ensure that carriers are meeting the terms of the agreement.
  
  Related Information: 
  For more information on Manage Freight Agreements in SAP TM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_TM/9.6/en-US/f8f3d7a2b7c14e8a9f3d7a2b7c14e8a9.html