Clause and Effect: Strategic Economic Price Adjustment Clauses

Author(s):

Bendorf, CPSM, C.P.M., Robi

94th Annual International Conference Proceedings - 2009 - Charlotte, NC

Abstract

Want to guard your organization's dollars in today's ever-changing economic climate? Economic price adjustment clauses can remove price contingencies put into the final price by suppliers to protect themselves from volatile economic conditions that impact cost drivers beyond the supplier's control. Learn how removing the price padding can be a strategic solution for both supplier and supply manager.