Supply Chain Contract
/ˈsəplaɪ tʃeɪn ˈkɒntrækt/
Definitions
- (n.) A legally binding agreement between parties outlining terms, obligations, and responsibilities for the procurement, production, or distribution of goods and services within a supply chain.
The company entered into a supply chain contract to secure timely delivery of raw materials.
Forms
- supply chain contract
- supply chain contracts
Related terms
See also
Commentary
Supply chain contracts often integrate clauses on risk allocation, delivery schedules, and compliance with regulatory standards, reflecting complex commercial relationships.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.