Supplier Agreement
The Supplier Agreement tool generates a comprehensive supplier agreement, covering key details about the supplier and buyer, the goods or services being exchanged, pricing, delivery terms, intellectual property rights, and legal clauses. The AI processes this information and delivers the agreement directly to your email.
Table of Contents
- How It Works
- Supplier Information Inputs
- Buyer Details Inputs
- Goods and Services Inputs
- Pricing and Payment Inputs
- Delivery Terms Inputs
- Warranties and Intellectual Property Inputs
- Legal and Termination Clauses Inputs
- Delivery Information Inputs
- Support & Troubleshooting
1. How It Works
- User Input: You provide supplier and buyer information, details of goods or services, pricing, and legal terms.
- AI Processing: The AI generates a detailed supplier agreement based on the inputs.
- Delivery: The completed agreement is sent to the provided email address.
2. Supplier Information Inputs
Supplier Name
- Enter the full legal name of the supplier (e.g., ABC Manufacturing Ltd.).
Supplier Address
- Enter the registered business address of the supplier (e.g., 123 Industrial Estate, Manchester, UK).
3. Buyer Details Inputs
Buyer Name
- Enter the full legal name of the buyer (e.g., XYZ Retailers Ltd.).
Buyer Address
- Enter the registered business address of the buyer (e.g., 456 Retail Park, London, UK).
4. Goods and Services Inputs
Goods or Services
- Provide a description of the goods or services being provided by the supplier (e.g., 50 units of custom-designed aluminium frames).
Specifications
- Enter any specific requirements or specifications for the goods or services (e.g., Frames must be corrosion-resistant and compliant with BS EN 1999-1-1 standards).
Quality Standards
- Specify the required quality standards for the supplied goods or services (e.g., ISO 9001:2015 certification required).
5. Pricing and Payment Inputs
Unit Price
- Enter the price for one unit of the goods or service (e.g., £100 per unit).
Total Price
- Provide the total price for the entire order (e.g., £5,000 for 50 units).
Payment Schedule
- Enter the agreed schedule for payments, including due dates (e.g., 50% upon signing, 50% upon delivery).
Payment Method
- Specify the method of payment (e.g., Bank transfer to the supplier’s account).
6. Delivery Terms Inputs
Delivery Schedule
- Enter the agreed timeline for delivery (e.g., Delivery to be completed within 30 days from the order date).
Delivery Location
- Provide the location where the goods are to be delivered (e.g., XYZ Retailers Ltd., 456 Retail Park, London, UK).
Delivery Method
- Enter the mode of delivery (e.g., Goods to be delivered via standard freight).
Risk of Loss
- Specify when the risk of loss or damage to the goods transfers from the supplier to the buyer (e.g., Risk transfers upon delivery at the buyer’s location).
7. Warranties and Intellectual Property Inputs
Warranty Period
- Enter the period during which the goods are covered by a warranty (e.g., 12 months from the date of delivery).
Warranty Coverage
- Specify the scope of the warranty coverage (e.g., Covers defects in materials and workmanship).
Intellectual Property Rights
- Enter the ownership of intellectual property (e.g., The supplier retains all intellectual property rights to the design).
Usage Rights
- Define the rights granted to the buyer for the use of intellectual property (e.g., Buyer may use the design solely for resale purposes within the UK).
IP Ownership
- Clarify the ownership of any newly developed intellectual property (e.g., Any improvements to the design remain the intellectual property of the supplier).
8. Legal and Termination Clauses Inputs
Termination Conditions
- Specify the conditions under which either party may terminate the agreement (e.g., The agreement may be terminated by either party with 30 days' written notice).
Notice Period
- Enter the period required for any formal notices (e.g., 30 days' notice required for termination).
Dispute Resolution
- Specify the agreed method for resolving any disputes arising under the agreement (e.g., Disputes to be resolved through arbitration under the UK Arbitration Act).
Indemnification Clauses
- Provide provisions regarding the indemnification obligations of the parties (e.g., The supplier agrees to indemnify the buyer against any claims arising from defective goods).
Liability Limit
- Specify the limit of liability for each party (e.g., Supplier’s liability is limited to the total contract value).
9. Delivery Information Inputs
Email Address for Delivery
- Provide the email address where the generated supplier agreement will be sent.
10. Support & Troubleshooting
If you experience any issues or need assistance, please contact our support team at support@flytask.com. We’re here to help ensure your supplier agreement is generated accurately and delivered smoothly.