What is rate change request in SAP (TM - Transportation Management)?

SAP Term: rate change request

• Component: TM

• Component Name: Transportation Management

• Description: A request by a carrier to change the rates for an existing freight agreement. The carrier specifies a new validity start date for the calculation sheet items that they want to change, in the SAP collaboration portal.

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• Key Concepts: 
  A Rate Change Request in SAP Transportation Management (TM) is a request to modify the rate of a freight agreement. This request can be made by either the shipper or the carrier, and it is used to adjust the rate of an existing agreement. The request can be approved or rejected by the other party, and if approved, the new rate will be applied to all future shipments. 
  
  How to use it: 
  To create a Rate Change Request in SAP TM, first select the freight agreement that you want to modify. Then, enter the new rate that you would like to apply and submit the request. The other party will then receive a notification and can approve or reject the request. If approved, the new rate will be applied to all future shipments. 
  
  Tips & Tricks: 
  When creating a Rate Change Request in SAP TM, make sure that you provide enough information for the other party to understand why you are requesting a change in rate. This will help ensure that your request is approved quickly and without any issues. 
  
  Related Information: 
  For more information on Rate Change Requests in SAP TM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_TRANSPORTATION_MANAGEMENT/9.6/en-US/f3d7f8a2b7c14e8a9f3d7f8a2b7c14e8a.html