If you run a company that sells goods, then you probably rely on suppliers. These are other businesses that supply you with the materials you need to make or sell your products.
An experienced supplier will typically deliver goods when you ask for them. They’ll honor their side of the contract. Nonetheless, this isn’t always the case and a supplier may let you down.
What are some of the more common sources of supplier disputes?
Late delivery
If your goods are selling fast, then you’ll be relying on your suppliers to fill up your stock room again. This requires efficient and prompt delivery. Many suppliers can be flexible and will cater to your needs, but arrangements should always be backed up by contracts. This means that all parties know where they stand in terms of payments and delivery times.
If your supplier is late on a delivery, then it can be costly for your company. It’s also a potential breach of contract.
Quality issues
Having your goods delivered on time is only one part of the equation. Your goods should be as described in the contract. This means that they should be undamaged and of the quality that you anticipated. Damaged goods or faulty products are another common source of supplier disputes. These issues are also likely to be a breach of contract.
Pricing issues
You should be invoiced accurately for the goods you receive. Again, pricing is something that should be outlined in the contract. If you have been overcharged, then your supplier should remedy this. If they don’t, then you may have legal recourse for breach of contract.
Dealing with supplier disputes can be tricky. With the right legal information, you can quickly get to the bottom of these disagreements.