Below are a few key terms that may be clarified in such agreements.
Product and Pricing. Naturally, the agreement should include precise descriptions of the product, packaging and pricing, including design, specifications, materials, components, logos, and so forth. Such items are best described in addendums to the agreement, so they may be easily modified as needed. The agreement may also describe the process for making any price adjustments.
Quality and Inspections. The agreement should specify all governmental, environmental, industry, compatibility and customer quality requirements to be complied with, as well as required testing and certifications. It may permit quality audits by the customer (the customer may outsource that task if needed) and should clearly describe inspection rights and remedies for non-conforming products.
Forecasts and Volume. The manufacturer will want binding, rolling forecasts and a guaranteed minimum purchasing volume. The customer will typically provide only non-binding forecasts and will refuse to commit to a particular volume. Various compromises are possible.
Orders & Delivery. The agreement should describe placement and acceptance of orders, minimum order quantity, delivery terms, and respective rights and remedies concerning cancelation, modification or re-scheduling delivery of orders, all prime areas for potential disputes.
Intellectual Property. The agreement may … Read More
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What kind of computer should you buy then? Simple! The answer depends entirely on what your computing needs are. If you are a multimedia freak and love your computer to interact with you intuitively guessing what you want to do then you’re going to want a Mac. Some experience in programming and coding platforms will probably direct you here too, or to the Sony Vaio. If you want sheer value for money but also good reliability and computer support service, then you might consider a Dell or a Lenovo. But the simple fact remains that no matter which PC or laptop you’ve put your finger on, you are going to get it cheaper than you would have a year or two ago – Or at the same price but with twice the processing and storage wired into it. And this is because the entry price of gadgets is skydiving – for instance, Intel launched the i7 with four processors built into it but priced at the same level as the last generation microprocessor that they had built.
Now that the year is half over, we have a good sense of the products that have really left an impression this year in the promotional world, and can rank the top 5 trends of the year. These top trends prove that you can get you message out in a trendy and fun way, regardless of your budget, and that there are always new options beyond the typical tote bag to use as your company’s advertising vehicle.