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To create a contract, go to logistics, material management, purchasing, and outline agreements. Vendors use contracts and scheduling agreements to negotiate with customers. Contracts are the primary tool, while scheduling agreements are used in specific industries. Focus on contracts, click on contracts and M a 31 K to create one. Create a quantity contract with vendor 4001 for 50,000 pounds or kilos of coffee at $9 per pound. Select the right agreement type for the contract. Subscribe to the channel for more videos.