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Reply from tilgulkarcn on Dec 4 at 3:51 AM Dear Ravi,
Definitely.
However question was on elementary thing hence I have refrained from more
elaboration.
You are definitely right.
Regards,
CNT
| | | ---------------Original Message---------------
From: RaviShankarAgnihotri
Sent: Thursday, December 04, 2014 3:02 AM
Subject: What Are the Difference Between an Info Record and an Outline Agreement?
Dear CNN,
Please Note:
Info Record : The information given by the vendors about their company &
products only;
Outline agreement;
1). Contract :
a. Quantity Contract: Contract to fix a qty of material to be
purchased from the vendors for the month, for the quarter or for the year
b. Value Contract: Contract to fix a value of material to be purchased
form the vendors for the month, for the quarter or for the year
2). Schedule Agreement : Agreement to specify delivery date/schedule for
ordered qty of material
For Eg;
ABC Company can give us only 50000 Nos. of Pen for the month, for the
quarter or for the year (Qty. Contract)
ABC Company can give us only Pen for Rs. 100000/- for the month, for the
quarter or for the year (Value Contract)
We need 10000 Nos. (As per one P.O. on 04.12.2014) of Pens as per following
delivery schedule; (Schedule Agreement).
on 05.12.2014 - 5000 Nos.
on 10.12.2014 - 5000 Nos.
Please reply if satisfied with the answer.
Regards,
Ravi Shankar Agnihotri |
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