A Supply Agreement, also known as a purchase agreement or supply contract, is a legally binding contract between two parties, typically a buyer and a seller, that outlines the terms and conditions of a supply relationship. The agreement specifies the goods or services that will be supplied, the quantity, quality, and price of the goods or services, as well as the payment terms, delivery schedules, and other relevant details.
Supply Agreements provide a framework that helps businesses secure a reliable supply chain, manage costs, and minimize risks associated with the procurement of necessary resources. Properly drafted, these agreements ensure clarity and mutual understanding, which can enhance business relationships and operational efficiency.
has been added to your cart!
have been added to your cart!
