Supplier Contracttemplate helps you create a Supplier Contract for your business.
It includes all of the sections, standard terms and conditions that should be included within a typical supply contract between a business and a supplier.
This template help you document a supply contract that specifies the:
- Deliverables to be provided by the supplier
- Training, documentation and support to be provided
- Responsibilities of both parties
- Performance criteria and review process
- Pricing schedule and invoicing process
- Contractual terms and conditions
This template is unique, as it:
- Includes all of the critical sections of a Supplier Contract
- Tells you how to complete each section, step-by-step
- Has lots of practical real-life examples
- Provides pre-completed tables and content to save you time
Using this supplier contract template, you can quickly create a comprehensive supply contract that covers all of the critical terms and conditions needed. It will also give you a sound basis for reviewing the suppliers performance during the contract, as you will have a clear set of performance criteria and delivery milestones to measure against.
What is a Supplier Contract?
A Supplier Contract or "Supply Contract" is an agreement between a business and an external supplier for the delivery of a defined set of products and services. A Supplier Contract is a legal agreement and is used as the basis upon which to measure the supplier's performance. In addition to listing the items to be supplied, the Supply Contract states the timeframes, responsibilities, pricing and payment clauses needed to administer the relationship. By putting a Supply Contract in place, it helps you to get the most out of the supplier relationship.
When do I use a Supplier Contract?
A Supplier Contract should be used whenever you need to purchase products or services from an external supplier. By documenting a supply contract, your external suppliers will treat the relationship more seriously. The Supply Contract defines the delivery milestones and therefore the criteria for making payments. So by using a Supply Contract, it will make it easier to manage your suppliers today.