Supplier contract

Checklist of key supply agreement clauses

Required clauses

  • •Subject: price-list annex, assortment matrix
  • •Prices & change procedure: fixed/formula, price-hike notice period
  • •Delivery terms: order SLA, late penalties
  • •Quality & acceptance: standards, shelf life, claim procedure
  • •Payment: deferral (7–30 days), bonuses/retro discounts
  • •Returns: defective/unsold goods return terms
  • •Marketing: promo participation, campaign compensation
  • •Liability and force majeure

Critical for retail: payment deferral (working capital) and unsold-goods return terms. Retro bonuses (volume rebate) are chain-store standard — agree on transparent calculation. Fix price changes with 30+ day notice.