Reason for sales contracts: Sale of surplus in a certain period
Structure of the sales contracts: Analogous to purchase contracts in identical logic.
Invoice for part payment based on percentages previously agreed on
Final invoice
Settlement after analysis including price corrections
Settlement according to base volume agreed on (volume dispatched or received volume)
Planning & Scheduling:
Goods physically available: Sale ex stock or transport vessel
Deals without physical delivery / String: Wash Out, Circle, ByPass
Replenishment at a later point may be necessary.
Objectives of using Commodities@icm:
Speedier processing
Taking advantage of price differences in variations in qualities and product within a time frame
Reduction of cost for storage and handling