Create a Buyback Action for a Repurchase Contract

Security Note: You need the following security rights for this activity:
• Allow contract maintenance in the Organisations domain security rights group
• Allow discrete unit maintenance in the Supply Chain user group security rights group (if creating the buyback action from packages allocated to the open action)

Activity Steps

  1. Open the Repurchase Contract.
  2. Select the Repurchase Actions tab.
  3. To create a buyback action without allocating packages, right-click in the Repurchase Actions table and select New Buyback Action from the menu.
  4. To create a buyback action directly from packages allocated to the open action:
    1. Select the open action or the summary row.

      If you click the summary row, the Packages sub-tab displays the packages that have not yet been bought back.

    2. Select the Packages sub-tab.
    3. Highlight packages to buy back.

      Note: To highlight multiple packages, you can hold down Ctrl or Shift while clicking, use the Highlight Next Rows field, or right-click and select Highlight All or Highlight Batch from the menu.

    4. Right-click the selected packages and select Buy Back Packages from the menu.
  5. Edit the following fields of the buyback repurchase action if required:
    • Action ID
    • Date—Must be between the start date and maturity date of the contract, and later than the date of the open action.
    • Required Number Of Packages—Can be used to estimate costs based on the number of packages until packages are allocated to the open action.
    • Required Quantity
    • Comments
  6. Click Save.