Create Multiple Quotas for a Contract Product

Security Note: You need the Allow contract maintenance security right in the Contracts domain security rights group for this activity.

Activity Steps

  1. Open the Sales Contract or Purchase Contract.
  2. Expand the Contract Products » [Contract Product] node.
  3. Right-click the Quotas node and select New » Multiple Quotas from the menu.

    The Multiple Quotas screen displays.

  4. Complete the following fields as required.
    • Start Date
    • Number of Quotas—Number of quotas to be created. The final quota end date must be on or before the contract end date. Default: 12.
    • Offset—The period of time between the start dates of the quotas.
    • Offset Unit—Unit of time for the offset between the start dates of the quotas. Select from Weekly, Monthly and Quarterly.

      Important: Ensure that the combination of the number of quotas and the offset will mean that the end date of the last quota will be on or before the contract end date. Otherwise, the quotas will not be able to be created.

    • Unit—Unit of measure associated with amounts of material in the quotas. Select from the Mass units defined in the Unit Conversion Editor.
    • Mass Required—Default: The Mass Required from the contract product, minus any Delivered amounts for previous quotas, divided by the Number of Quotas to create. Must be less than the Mass Required of the contract product.
    • Minimum
    • Maximum—Required if DO Required Quantity Validation is Warning Only or Strict Validation.
    • Package Type—Select from the package types defined on the Supply Chain panel of the Solution Explorer. For package types with limited Allowed Products, only the package types that are applicable to the contract product display.
    • DO Required Quantity Validation—Validation method for the quantity of the despatch orders associated with the quota. Select from:
      • None (default)
      • Warning Only—If the sum of the required quantity of the (parent) despatch orders exceeds the maximum quantity of the quota, a warning message displays; however, saving the quantity is still allowed.
      • Strict Validation—If the sum of the required quantity of the (parent) despatch orders exceeds the maximum quantity of the quota, a warning message displays and saving the quantity is not allowed.
    • Market—If the quota is hedged, the market in which the quota is priced. Select from the markets defined in the Market/Commodity Editor.
    • Contractual Source—Source location of the material in the quota. Select from the locations defined on the Supply Chain panel of the Solution Explorer. Default: As specified on the Contract Settings node.
    • Contractual Destination
    • Hedging Required—Whether hedging is required for the quota. If checked, the quota displays in searches for quotas in the Hedging Explorer, and despatch orders for the quota cannot be hedged.

      Note: Quota-based hedging is normally only used for contracts with product pricing, not analyte pricing.

  5. Click Create.

    A message displays the status of the quota creation.

  6. Click OK.
  7. For each quota:
    1. Select the node for the quota under the Quotas node.
    2. Complete the remaining fields as required.
      • Allowed Quantities—Allowed qualities for despatch orders created for the quota. By specifying qualities in contract charge conditions, the despatch order quality can be used to filter the contract charges that apply to a despatch order. If specified, the Quality of despatch orders must be one of the allowed qualities. If not specified, the Quality of despatch orders can be changed to any product or brand. Select from the products and brands defined on the Material panel of the Solution Explorer. If the contract has a specified Material, only products and brands with that material type (or none) display. If Allowed Quantities are specified for the contract product, only those products and brands display.
      • Default Container Type—Default container type for package groups for the quota. Select from the container types defined on the Supply Chain panel of the Solution Explorer.
      • Required Number Of Containers—Default: Zero. Maximum: 10,000. In this context, 'containers' refers to:
        • Package groups created from containers
        • Package groups with a specified container type
      • Required Number Of Packages—Default: Zero. Maximum: 10,000.
      • Required Number Of Units—Required number of units within all packages for the quota. Default: Zero. Maximum: 10,000.
      • Expected Loading Rate
      • Loading Rate Units—Select from the LoadingRates units defined in the Unit Conversion Editor.
      • Contract Term Override—Set of contract terms used to override the default set of contract terms defined for the contract. Select from any set of contract terms set up within the contract. Clicking the ellipsis (...) opens the Contract Explorer, which displays available contract terms.
  8. Click Save.