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Supply and Procurement Agreements

An effective commercial contract should work both during ordinary performance and when disagreement arises. Continuity of supply can be more important than any individual purchase order. Quality, volumes, timing and demand adjustments need clear rules.

What to keep in mind

Provide measurable specifications, delivery records, price changes, inspection, rejection, force majeure and response to shortages.

An ambiguous supply commitment may leave the purchaser unprotected during a disruption.

Distinctions often confused

A recurring supply contract differs from an isolated sale of goods.

Frequently asked questions

Can the price be adjusted during a long-term supply arrangement?
Where lawful, with an objective or clearly agreed mechanism.
What if the supplier repeatedly delivers late?
The seriousness, notice and agreed remedies determine the response.

Informational content. It is not a substitute for professional advice.