Forecasts and Planning Schedules Clause Samples
Forecasts and Planning Schedules. WDC shall provide to Komag a current written forecast of demand for Products WDC expects to purchase during the first twelve (12) months of the term of this VPA, which forecast shall include the Purchase Requirements for each Fiscal Quarter and may include forecasts for additional Product needs. Thereafter during the term of this VPA, on a monthly basis, WDC shall provide an updated forecast for any quantities of such Product WDC expects to purchase in the following twelve (12) months, which forecast shall include the Purchase Requirements for each Fiscal Quarter and may include forecasts for additional product needs. The most recently issued forecast will supersede all previous forecasts. No more than five (5) business days from receipt of each of the monthly WDC forecasts, Komag shall confirm supply for a rolling three-month period (current month plus two), provided, however, that if such monthly forecast fails to include quantities for delivery in each month equal to a minimum of [***] percent [***]%) of the Purchase Requirements for each of the first two months of the then applicable Fiscal Quarter and (ii) [***] percent [***]%) of the Purchase Requirements by the end of the eleventh (11th) week of the applicable Fiscal Quarter and (iii) [***] percent [***]%) of the Purchase Requirements by the end of the last week of the applicable Fiscal Quarter, then Komag may reject such forecast upon written notice to WDC and allow WDC five (5) business days to modify and re-issue such forecast. During the term of this VPA on a monthly basis, Komag shall provide to WDC a current written summary of the Product finished goods inventory (“FGI”) intended for WDC. This summary shall list by Komag manufacturing site and JIT Hub location the amounts and types of FGI being held by Komag for each of WDC’s Programs. PORTIONS DENOTED WITH [***] HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.
Forecasts and Planning Schedules. HITACHI GST shall provide to Komag a current written forecast of demand for Products HITACHI GST expects to purchase during the first twelve (12) months of the term of this VPA, which forecast shall include the Purchase Requirements for each Quarter and may include forecasts for additional Product needs. Thereafter during the term of this VPA, on a monthly basis, HITACHI GST shall provide an updated forecast for any quantities of such Product HITACHI GST expects to purchase in the following twelve (12) months, which forecast shall include the Purchase Requirements for each Quarter and may include forecasts for additional product needs. The most recently issued forecast will supersede all previous forecasts. Consistent with current practice, Komag shall respond within seven (7) days with its supply commitment for the following twelve (12) months. Komag shall also provide, on a monthly basis, a daily ship schedule for the following month at least fourteen (14) days prior to each month. In addition, during the term of this VPA on a monthly basis, Komag shall provide to HITACHI GST a current written summary of the Product finished goods inventory (“FGI”) intended for HITACHI GST. This summary shall list by Komag manufacturing site and JIT Hub location the amounts and types of FGI being held by Komag for each of HITACHI GST’s Programs. All such forecasts by HITACHI GST and any confirmations or other written summaries of FGI issued by Komag are intended to be non-binding and designed only to assist the parties in allocating resources.
Forecasts and Planning Schedules. By the Effective Date, WDC shall provide to Komag a current written forecast of demand for Products WDC expects to purchase during the first twelve months of the term of this VPA. Thereafter during the term of this VPA, on a monthly basis, WDC shall provide an updated forecast for any quantities of such Product WDC expects to purchase in the following twelve months. The most recently issued forecast will supersede all previous forecasts. No less than five Days from receipt of each of the monthly WDC forecasts, Komag shall confirm supply for a rolling three month period (current month plus two). During the term of this VPA on a monthly basis, Komag shall provide to WDC a current written summary of the Product finished goods inventory ("FGI") intended for WDC. This summary shall list by Komag manufacturing site and JIT Hub location the amounts and types of FGI being held by Komag for each of WDC's Programs. ----------------------------------------------- "[***]" INDICATES REDACTED INFORMATION FOR WHICH CONFIDENTIAL TREATMENT IS REQUESTED -----------------------------------------------
Forecasts and Planning Schedules. By the Effective Date, WDC shall provide to Komag a current written forecast of demand for Products WDC expects to purchase during the first twelve months of the term of this VPA. Thereafter during the term of this VPA, on a monthly basis, WDC shall provide an updated forecast for any quantities of such Product WDC expects to purchase in the following twelve months. The most recently issued forecast will supersede all previous forecasts. No less than five Days from receipt of each of the monthly WDC forecasts, Komag shall confirm supply for a rolling three month period (current month plus two). During the term of this VPA on a monthly basis, Komag shall provide to WDC a current written summary of the Product finished goods inventory ("FGI") intended for WDC. This summary shall list by Komag manufacturing site and JIT Hub location the amounts and types of FGI being held by Komag for each of WDC's Programs.