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foreign welcome again on my channel today we will see next topic that is outline agreements in sap mm but I we will focus on contracts in outline agreements so if you are new on my channel kindly subscribe to my channel and also share video with your friends and colleagues who want to learn so lets start with todays video so todays topic is outline agreement so what is an outline agreement so an outline agreement is a longer term agreement between purchasing organization and a supplier regarding the supply of material or performance of some Services ing to predefined condition over a certain period of time frame so predefined conditions here means like price some quantity or maybe some value then some conditions of freight or charges so all its covered in that contract or outline agreements so its name itself suggests its an agreement and vendor and Company both have to follow its terms so vendor and Company both mutually will decide terms and they will be agree for that terms so