Inventory Purchase Agreement Template for New Zealand

1. Minimum Purchase Commitments: Used when there are required minimum purchase quantities or values

2. Exclusivity: Include when either party has exclusive rights or obligations

3. Storage and Warehousing: Required if specific storage requirements or arrangements are needed

4. Insurance: Detailed insurance requirements beyond standard coverage

5. Intellectual Property: Include when branded products or licensed items are involved

6. Forecasting: Used when regular demand forecasting is required

7. Performance Metrics: Include when specific KPIs or service levels apply

8. Change Control: Required for agreements where product specifications may change regularly

9. Consignment Stock: Include if any inventory is held on consignment basis

10. Security Interest: Required when retention of title or other security interests are involved

1. Schedule 1 - Inventory List: Detailed list of all inventory items covered by the agreement

2. Schedule 2 - Pricing Schedule: Detailed pricing information and any volume discounts

3. Schedule 3 - Quality Specifications: Detailed quality requirements and standards for inventory items

4. Schedule 4 - Ordering Procedures: Detailed procedures for ordering, including forms and timeframes

5. Schedule 5 - Delivery Requirements: Specific delivery terms, locations, and procedures

6. Schedule 6 - Returns Policy: Procedures and conditions for returns and replacements

7. Appendix A - Key Contacts: List of key personnel and contact details for both parties

8. Appendix B - Technical Specifications: Detailed technical requirements for applicable inventory items

9. Appendix C - Compliance Requirements: Specific regulatory or compliance requirements for inventory items