Version 4.1.0

Contract

Contract items now display the daily price, mark-to-market, base article number, and analysis frequency – with noticeably faster loading times for large contracts.

Überblick

Greater clarity in contract items

The functionality of contract items in the contract management system is expanding significantly. Four additional fields are now available for split items: estimated quantity, contract price, daily market price, and an automatically calculated mark-to-market field. This is complemented by the display of the original base article number, a new free-text field for analysis frequency, and noticeable performance improvements when loading large contracts with numerous dispositions and goods movements.
Infographic

Added Value

Especially in agricultural trading and commodity transactions involving exchange-traded prices, it has previously been difficult to assess the current market value of a contract item at a glance. The four new fields on the split item provide an immediate solution: sales staff can instantly see how the agreed contract price compares to the current daily price, and the automatically calculated mark-to-market field shows the value development without the need for manual calculations. The base article number was also a stumbling block: if a pallet article number was used during an article switch, sales teams only saw this new number and had to look up the originally agreed article number separately – now it remains visible directly on the item. The new free-text field for analysis frequency makes it easier for quality assurance and laboratory teams to plan recurring analyses per contract item and partner. And because many customers work with contracts that include hundreds of dispositions and goods movements, the optimized database query has a direct impact on daily operations: large contracts open noticeably faster, which makes a real difference during peak times like the harvest season.

Application Area

You can activate the four new fields on the split item via the corresponding UI configuration in the contract module; they will then appear automatically in the existing contract item mask. You can enable the base article number via the configuration in the contract item settings. You will find the free-text fields for analysis frequency both on the contract item and on the associated survey; they can be entered manually or filled automatically via a workflow. The performance improvement for loading large contracts is active automatically and requires no additional configuration. For very extensive contracts with several thousand items, it is still recommended to open the view as a test and check the loading time in your own system before making the new fields visible to all sales teams.

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