Difference between Contracts and Scheduling agreement

A Contracts is a type of procurement plan by which the release orders (releases) can be issued for materials or services agreed as necessary for a certain period overall.

The contracts are of two types:
1. Quantity Contracts – Use this type of contract if the total quantity to be ordered during the period of validity of the contract is known in advance.

2. Value Contracts – Use this type of contract, if the total value of all release orders issued against the contract shall not exceed a certain predefined value.


But Scheduling agreement is a form of procurement plan under which the materials are purchased on dates within a certain time.

The Following are the procurement types:

1. Standard
2. Subcontracting
3. Consignment
4. Stock Transfer

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1. Scheduling Agreement A scheduling agreement is a longer-term arrangement with the vendor covering the supply of materials subject to predetermined conditions. The conditions are valid for a predefined period and predefined total...
2. Quantity Contracts Quantity contracts are agreements between the customer and your company to order specific quantities of a product in a given period. The customer does not provide information on delivery dates,...
3. Outline Purchase Agreement An outline purchase agreement is a longer-term arrangement with a vendor covering the supply of materials or the provision of services, subject to predetermined conditions. These apply for a predefined...
4. Scheduling Agreements Scheduling agreements are similar to quantity contracts in that they are agreements between the customer and your company to order specific quantities of a product. However, while the quantity contracts...