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A supply agreement is a legal contract between a supplier and a buyer that outlines the terms and conditions of the supply of goods or services. This agreement typically includes details such as the types and quantities of products or services, pricing, delivery schedules, quality standards, payment terms, and any other relevant provisions related to the supply arrangement.
A supply agreement is crucial for your business as it establishes clear terms for the procurement of goods or services. It outlines responsibilities, pricing, delivery terms, and quality standards, providing a structured framework for a reliable and sustainable supply relationship.
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