Which options are features of a scheduling agreement?

A scheduling agreement serves as a framework for an ongoing supply arrangement between the buyer and the supplier and encompasses various essential features.

One key feature is that a scheduling agreement item is always plan-specific. This means that it is designed to fulfill the specific planning requirements by indicating the timeframe and quantities needed, allowing for efficient inventory management and production scheduling.

Additionally, the material master record being optional in a scheduling agreement item highlights the flexibility within the scheduling agreement. In some cases, specific items can be handled without a material master, depending on the procurement strategy and the type of products being managed.

Furthermore, the ability to use a scheduling agreement for a consignment process is another vital characteristic. This means that goods can be supplied and stored at the buyer's location while ownership remains with the supplier until the goods are consumed or sold. This feature enhances the buyer's flexibility in managing inventory levels without the immediate financial commitment.

Overall, these features underscore the capacity of a scheduling agreement to support various procurement strategies while adapting to different supply chain needs. Thus, all options accurately describe distinct features of a scheduling agreement, justifying the conclusion that they are indeed correct.