Economic Order Quantities Clause Samples
Economic Order Quantities. D&K shall strive to order a volume of components that effectively balances inventory exposure with volume discount pricing and set-up and shipping costs. D&K and CLIENT shall work together to make these decisions based on the current overall economic and production situation at the time. If the volume of components required to reach mutually agreed to economic order quantities exceeds the quantity covered under the PO, CLIENT will place an additional purchase order with D&K to cover the additional components.
Economic Order Quantities. At Purchase Order stage, the Supplier must notify UKRI of the most economical way to acquire the quantity of Supplies they require, giving consideration to the Economic Order Quantity. For the purpose of this Framework, Economic Order Quantity is defined as the ‘most cost-effective way for UKRI to order Supplies, taking into consideration quantities ordered, frequency of deliveries and value of order’.
Economic Order Quantities. 1.8.1 At Call Off stage, the Supplier must notify Contracting Bodies of the most economical way to acquire the quantity of Goods they require, given consideration to the Economic Order Quantity. For the purpose of this Framework Economic Order Quantity is defined as the ‘most cost effective way for a Contracting Body to order Goods taking into consideration quantities ordered and/or frequency of deliveries’.