It is now commonplace for manufacturers relying on outside suppliers for parts and components to require all suppliers to regularly complete a comprehensive assessment questionnaire and go through other due diligence procedures. This report discusses some of the techniques that manufacturers are using to review the quality controls and compliance procedures used by their key suppliers.
When negotiating the terms and conditions of a vendor/distributorship arrangement, the parties should carefully consider the form and content of special policies and procedures covering key aspects of the relationship. This report describes some of the areas covered by those policies including warranty services, product returns, electronic data exchange and indemnification.
One of the most important preliminary contracts in a franchising relationship is a confidentiality agreement covering review of the franchisor's operations manual and other elements of the franchisor's system. This post includes an example of a confidentiality agreement that might be useful during the negotiations leading up to the consummation of a franchising arrangement.