Common use of Inventory Management Clause in Contracts

Inventory Management. Buyer will withdraw Consigned Products on a first in, first out basis and will endeavor to withdraw Consigned Products within *** days of delivery. Daramic shall have the right, upon reasonably adequate advanced notice to Buyer, to reasonably reduce shipments to control the quantity of Consigned Products so as not to exceed a ***day supply of Consigned Products based on Buyer’s forecast for the Facilities. Daramic’s Customer Care Team and Buyer’s Production and Inventory Control Department shall jointly manage the consignment inventory program.

Inventory Management. Buyer will withdraw Consigned Products on a first in, first out basis and will endeavor to withdraw Consigned Products within *** days of delivery. Daramic shall have the right, upon reasonably adequate advanced notice to Buyer, to reasonably reduce shipments to control the quantity of Consigned Products so as not to exceed a **** day supply of Consigned Products based on Buyer’s forecast for the Facilities. Daramic’s Customer Care Team and Buyer’s Production and Inventory Control Department shall jointly manage the consignment inventory program.