Contract The contract is a decision of a contract that does not contain a delivery date for the material. Contracts are composed of two types: these framework contracts are valid for a certain period of time and cover a certain quantity or predefined value. VLPKM is a standard SAP table used for setting up delivery plans based on customer data and available in R/3-SAP systems based on version and output level. A delivery plan is a long-term framework contract between the supplier and the customer. This is done through predefined material or a service provided on predefined dates, within a already agreed period. A delivery plan can be established in the following two steps – Tap to know the current status of the delivery plan: Status of the delivery plan A framework contract is composed of two types, including the contract and the delivery plan…