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- Any startup carrying out supply chain management services would first be required to have a well-negotiated contract executed with the Customer for whom such services would be carried out, with inter alia clear payment terms, expiry/termination clause, limitation of liability clauses etc..
Further, in case any par...
W Network
caWhat are the contracts a startup should have in place to carry out supply chain management company in India?
-
W Network
ca- Any startup carrying out supply chain management services would first be required to have a well-negotiated contract executed with the Customer for whom such services would be carried out, with inter alia clear payment terms, expiry/termination clause, limitation of liability clauses etc..
Further, in case any part of the work is required to be sub-contracted/outsourced, contracts would also be required to be entered into by the startup with the said sub-contractor/entity for the part of the work. These contracts would also have to be suitably worded to reduce risks for the start-up entity.
- Further, insurance contract with an insurance company providing General Insurance cover should also be entered into to mitigate risks during execution of work by the start-up entity.
'Get your Wazzeer' to have a subject matter expert to draft all the relevant contracts. :)
almost 3 years ago
View answer
What are the contracts a startup should have in place to carry out supply chain management company in India?
-
W Network
ca- Any startup carrying out supply chain management services would first be required to have a well-negotiated contract executed with the Customer for whom such services would be carried out, with inter alia clear payment terms, expiry/termination clause, limitation of liability clauses etc..
Further, in case any part of the work is required to be sub-contracted/outsourced, contracts would also be required to be entered into by the startup with the said sub-contractor/entity for the part of the work. These contracts would also have to be suitably worded to reduce risks for the start-up entity.
- Further, insurance contract with an insurance company providing General Insurance cover should also be entered into to mitigate risks during execution of work by the start-up entity.
'Get your Wazzeer' to have a subject matter expert to draft all the relevant contracts. :)
almost 3 years ago
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