oboloo Glossary

Supplier Agreements

oboloo Glossary

Supplier Agreements

Supplier Agreements Definition

A supplier agreement is a contract between a company and its supplier that outlines the terms of their business relationship. The agreement may cover topics such as pricing, quality, quantity, delivery, and terms of payment. A supplier agreement helps to ensure that both parties are clear about their roles and responsibilities, and it can help to prevent disputes from arising.