Contract

A Contract in the stock management context is the legally and commercially binding agreement that defines the terms for the delivery and receipt of goods between two parties. It records which partner is buying or selling, under what price conditions, for what delivery and transport terms, and within which time window the exchange is expected to take place. All of this administrative and commercial context lives on the contract header, while the actual commodity commitments — article, quantity, quality, and price per line — are captured in the associated contract positions (CoPos).

The contract is also the link between the planning world and the physical world: as transaction positions (TransPos) are recorded when goods are actually weighed and moved, they are matched against the open quantities on contract positions, giving the trading team a live view of how much of each commitment has been fulfilled and how much remains outstanding. The stock contract therefore functions both as a trade confirmation document and as a real-time fulfillment tracker throughout the delivery period.