Tag Archives: Contracts

Fit for What Purpose? Understanding the Warranty of Fitness for Particular Purpose

agreement
For manufacturing companies, some of the most important terms in any contract for the purchase or sale of goods are the warranties that apply to those goods.  This article will address one particular kind of warranty – the warranty of fitness for particular purpose.… Continue reading this entry

Re-Thinking Supply Chain Contracts in the World of Connected Things

supply chain
As the pace of innovation increases at an ever faster rate, many products that traditionally may not have been thought of as involving computers or software are incorporating these elements.  In 2007, the iPhone revolutionized the public’s conceptions about what a phone should be.  Ever since, there has been a growing trend toward increasing connectivity … Continue reading this entry

Key Provisions for Supply Chain Contracts

Supply Chain
In the manufacturing industry, a company’s supply chain can be a source of both risk and value.  By paying careful attention to the terms of its supply chain contracts, a company can help to mitigate its risks while at the same time maximizing the value of its supply chain.  While no provision in a contract … Continue reading this entry