A Vendor Supply Agreement is a contract between a vendor or seller and a customer or buyer. It outlines the terms and conditions related to purchasing products and services from the vendor, such as price, quality, delivery times, payment terms, confidentiality agreements and warranties. By entering into a Vendor Supply Agreement, both parties can ensure that their interests are protected and the relationship between them is mutually beneficial. With clearly defined goals and expectations, both parties can feel assured of the fairness of the agreement and the quality of service they will receive.