Purchasing and Pricing. 5.1. All Products to be distributed by CMI during the Term of the Distributorship shall be purchased by CMI from LFP, and no such Products shall be purchased from any other source whatsoever without LFP's prior written consent, and LFP shall not sell such Products to any Person other than CMI for sale to Customers within the Territory. CMI shall provide LFP on a monthly basis with CMI's anticipated purchases of the Product for each of the four (4) immediately succeeding months (the "120 Day Rolling Forecast"). CMI shall use only purchase order forms and other forms approved by LFP (Schedule H) to order Products and shall follow all of LFP's procedures in connection therewith as shall be in effect from time to time, and communicated in writing to CMI. Each Purchase Order shall be submitted at least thirty (30) days prior to the commencement of each Purchase Order's delivery date, unless such Purchase Order is twenty percent (20%) greater than the 120 Day Rolling Forecast, in which case such Purchase Order shall be submitted at least sixty (60) days prior to the commencement of such Purchase Order's delivery date. Any Purchase Orders ("Orders") by CMI shall be placed with LFP by mail (written or electronic) or facsimile at the following address and telephone numbers: LifePoint, Inc. 0000 Xxxxx Xxxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 U.S.A. Tel: (000) 000-0000 Fax: (000) 000-0000
Purchasing and Pricing. Research products to provide expert-level knowledge on the Co-op’s offerings and share that information with management, other staff and members in a clear and concise manner. • Ensure that essential products are always in stock. • Negotiate the best possible price and terms for all goods bought from suppliers, and make maximum use of promotions offered by vendors to run member specials. • Carefully source aligned products with attention to source, nutritional content, harmful ingredients, and other relevant factors as dictated by the Co-op Purchasing Policy. • Ensure that the xxxx-up schedule is followed in pricing product to achieve targeted margins. • Regularly monitor sales of products to eliminate duplication of similar products and provide for efficient use of store space with alignment to the Purchasing Policy. • Execute Bulk Orders in a timely fashion and with highly respectful attitude toward members. • Ensure that the Co-op is fully stocked at all times and that the Clerk/Cashiers are informed of stocking priorities. • Receive goods, check items against invoice or packing slips, and process returns as needed. • Ensure that perishable inventory is checked for quality upon receipt, closely monitored, properly rotated, and not ordered to excess. • Ensure that products in the store are merchandised in a manner that is attractive and presentable, with an eye to preventing unnecessary clutter. • Ensure the end caps and front displays allow for maximum promo space and attractive signage.
Purchasing and Pricing. A. BUYER hereby agrees to purchase 100% of its annual requirements (other than reasonable sample quantities as contemplated under section IV. F. below) for Products from SELLER for the BUYER'S wet corn milling facilities located at:
(i) 18040 Xxxxxx Xx 0X, Xxxxxxxx, Xxxxx Xxxxxx 00000;
(ii) 1 Caxxxxx Xxxxx, Xxxxxxxxx, Xxxx 00000-0000;
Purchasing and Pricing
