Business

Supply of Goods Agreement

Ongoing commercial arrangement for regular delivery of products or materials, defining quality standards, pricing, delivery schedules, and relationship management terms.

Key Clauses

1

Whereas

Establishes buyer's need for regular product supply and supplier's capability to provide goods.

2

Definitions

Clarifies product specifications, quality standards, and commercial terms used throughout supply agreement.

3

Supply And Purchase Of Goods

Defines products covered, quality requirements, and ongoing supply relationship terms.

4

Price And Payment Terms

Specifies pricing structure, payment schedules, and procedures for price adjustments.

5

Delivery And Risk Of Loss

Establishes delivery responsibilities, shipping terms, and allocation of risk during transit.

6

Inspection And Acceptance

Defines quality control procedures and buyer's rights to inspect and reject non-conforming goods.

Use This Template

When You Need This

  • Establishing reliable supply chain for manufacturing or retail operations
  • Creating ongoing purchasing relationships with preferred suppliers
  • Managing inventory through scheduled delivery arrangements with vendors
  • Securing favorable pricing through long-term supply commitments