Materials Procurement Customer Responsibility for Materials. 4.1 Authorization to Procure Materials, Inventory and Special Inventory. Customer’s accepted purchase orders and Forecast will constitute authorization for Flextronics to procure, without Customer’s prior approval, (a) Inventory to manufacture the Products covered by such purchase orders based on the Lead Time and (b) certain Special Inventory based on Customer’s purchase orders and Forecast as follows: Long Lead-Time Materials as required based on the Lead Time when such purchase orders are placed and Minimum Order Inventory as required by the supplier. Flextronics will only purchase Economic Order Inventory with the prior approval of Customer.
Materials Procurement Customer Responsibility for Materials. 5.1 Authorization to Procure Materials and Inventory. Ouster’s accepted Purchase Orders and Forecast will constitute authorization for Supplier to make supply chain commitments to procure, without Ouster’s prior approval, Materials inventory to manufacture the Products covered by such Purchase Orders based on: (a) the Purchase Order(s) issued at the Lead Time; (b) the [***] of the Forecast; and (c) Long Lead Time Materials at their required lead time and MOQ as required to meet the Forecast (collectively, “Authorized Purchases”). Ouster and Supplier will agree on a list of [***], and supplier will only purchase Materials inventory for these with the prior written approval of Ouster. Supplier will provide to Ouster each quarter a list of all [***] in the [***] Product quote updates for approval to Purchase.
Materials Procurement Customer Responsibility for Materials. 4.1. Authorization to Procure Materials, Inventory and Special Inventory. Customer’s accepted purchase orders and monthly Forecast will constitute authorization for BreconRidge to procure, without Customer’s further approval, (a) Inventory to manufacture the Products covered by such purchase orders based on the Lead Time and (b) certain Special Inventory based on Customer’s purchase orders and Forecast as follows: Long Lead Time Materials as required based on the Lead Time when such purchase orders are placed and Minimum Order Quantity as required by the vendor. BreconRidge will only purchase Economic Order Inventory with the prior approval of Customer. Long Lead Time Materials and associated lead-times shall be identified to Customer Quarterly within the Price Book review exercise contemplated by Section 3.5(c). BreconRidge shall continuously analyze & use reasonable efforts to reduce lead times.
Materials Procurement Customer Responsibility for Materials
