Expertise

Supply of Goods Agreements

Mitigate your risk potential and create bespoke supply of goods agreements that work for your business.

When standard terms and conditions on their own are not enough, you need to be confident that your supply of goods agreements are comprehensive, protect your business and comply with all relevant statutes and regulations. Your business relationships, and your business itself, may depend on it. Achieve peace of mind with our commercial lawyers’ knowledge, expertise and support.

Experts in commercial law

In addition to drafting, negotiating and reviewing confidentiality and non-disclosure agreements, our team can assist you across all areas of commercial law, including:

From day-to-day dealings to one-off supply arrangements, protecting your business is key

Our team of commercial contract lawyers can support you with:

Advising on key terms and issues

relating to the supply of goods, whether you are a supplier or a buyer.

Interpretation

of specific provisions within supply of goods agreements and what they mean for your business.

Reviewing supply of goods agreements

prepared by a third party and providing comprehensive summaries of your obligations and risk exposure.

Compliance

with the abundance of legislation surrounding supply relationships.

Legal updates and suggested amendments

to your documentation as the law and market practice evolves, and explanation as to how these may affect your arrangements.

Risk mitigation

by careful and effective drafting and a full understanding of the terms, processes, and obligations.

Dispute resolution

if matters take an unexpected turn with a supplier or customer.

Market practice

expertise to ensure that your arrangements remain competitive.

Understanding

the key legal issues involved with these arrangements, the options available to you in given situations and the subsequent consequences.

Drafting a service agreement

ensuring that all key and market standard terms are included clearly and correctly.

Negotiation

of supply of goods agreements or by making variations to them.

Varying or amending

terms and provisions of supply of goods agreements.

Harmonisation

between your supply of goods agreements and your terms of business.

Supply of goods agreements: the essentials

You may be entering into a new business relationship, negotiating a one-off transaction, or securing a long-term arrangement with a third party where a supply of goods agreement is required to run in parallel with standard terms of business. Whatever the reason, and whether you are a supplier or a buyer, it’s crucial that the paperwork properly reflects the business arrangement agreed, mitigates any potential risk for your business, and reduces the risk of disagreement between the parties in the future.

Whether you regularly deal with supply arrangements, or are new to this type of arrangement, each supply of goods agreement needs to be drafted as a one-off arrangement and can throw up new and unexpected issues. Our lawyers experience and understanding of the legal framework and market practice make navigation of these issues much simpler.

Complex pieces of legislation such as the Sale of Goods Act (SGA), and the Unfair Contract Terms Act exist which may impact on your supply arrangements, and failure to comply with these could have adverse consequences for your business relationships. Taking legal advice at an early stage will save time, anxiety and cost in the long-run and also ensure that your business has the protection it needs.

Benefits of a carefully drafted supply of goods agreement

Certainty
Be on the same page as your suppliers/customers by agreeing written terms to govern your relationship. Not only will this simplify your business relationships, but it will reduce the risk of disputes at a later date.
Mitigate risk
A comprehensive supply of goods agreement will include enforceable, compliant limitations of liability, security for payment and recourses for breach of contract, each of which protects your business and encourages open dialogue with your suppliers/customers.
Legal compliance
Having legal support and expertise during the drafting process will ensure that your contracts are fully compliant with the various statutes and regulations which apply to the supply of goods.
Stay ahead of the competition
Staying abreast of legal updates and current market practice allows your business to remain competitive and puts you ahead of the competition. Counterparties will value your professional approach and understanding of the market.
Supply continuity
Contractual provisions setting out the duration of a supply relationship, termination rights, and protection against unforeseen circumstances such as the COVID-19 pandemic, all help provide supply continuity – a crucial issue for any supplier or customer.
Flexibility of terms
Supply of goods agreements enable standard terms of business to be varied and amended on an ad hoc basis for specific projects or customers, without needing to amend the standard terms themselves. Show your top customers their value to your business by offering them enhanced terms without the administrative burden and risk of having different standard terms of business in place.

Who we help: National companies of all sizes

Our clients cover a diverse range of sectors and range from start-ups to large multi-national companies. We have technical and commercial expertise across many industries and understand the specific issues faced by different organisations, whether they act in the role of supplier or buyer.

Why choose Suis Law Lawyers?

We understand that each business is unique and that the commercial challenges and risks it faces depends on its size, structure, industry, and objectives. Our commercial lawyers have the technical expertise as well as the commerciality and business acumen to understand your business and advise accordingly.

We can assist you at all stages of your business’ lifecycle, from start-up to established national company. Whether you require a specific supply of goods agreement or need wider support from our varied range of business legal services, we understand and can support you through the various issues that may arise. Plus, we have all worked at partner level in top 100 firms or in-house at major international businesses.

Find out more about the team here:

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Legal support designed
to fit your business needs

Our transparent pricing packages are designed to give you the widest possible access to high-quality legal advice, whatever the size and nature of your business:

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A national law firm

Our commercial lawyers are based in or close to major cities across the Middle East and Europe providing expert legal advice to clients both locally and nationally.

We mainly work remotely, so we can work with you wherever you are. But we can arrange face-to-face meeting at our offices or a location of your choosing.

Jeddah

Saudi Arabia

London

United Kingdom