What Is A Manufacturing And Supply Agreement
Without an agreement, there is virtually no protection against any of these scenarios. Your company can indeed be held responsible for manufacturer`s mistakes, and the difficulties of your partner company can potentially affect yours. The honest truth is that many companies, even large companies with impressive legal services, have contracts that they don`t pay enough attention to. It is common for contracts such as manufacturing and delivery to be created, signed and then deposited. That being said, there are a number of consequences if there is no agreement: a manufacturing and supply agreement should be used in any business partnership between a manufacturer/supplier and the distributor. For example, if your company is developing a new design or a brand new product for the market. Finding the right manufacturer and supplier is only part of the process…