Corporate purchase contracts

Infor LN 10.3

Corporate purchase contracts is new functionality in Infor LN 10.3.

Corporate purchase contracts are used by multisite companies to negotiate contractual agreements with a buy-from business partner, after which price agreements are centrally specified (by purchase contract line), and logistic agreements are decentrally specified (by purchase contract line detail). Corporate purchase contracts enable you to make keen price agreements on a corporate level and to use these prices on site level.

Corporate purchase contracts enable you to do this:

  • Specify a purchase contract per buy-from business partner and item for multiple sites
  • Track the total quantity by purchase contract line and break down the requested quantity by site
  • Track actual consumptions against the total quantity by contract line (representing the corporation), and contract line detail (representing a site) for performance analytics

You can use corporate purchase contracts for push schedules.

For more information, refer to Corporate purchase contracts.

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