Common use of SELLER/BUYER CONTINUOUS IMPROVEMENT EFFORTS Clause in Contracts

SELLER/BUYER CONTINUOUS IMPROVEMENT EFFORTS. Buyer and Seller mutually agree to develop continuous improvement task teams in an effort to reduce costs in both processes and Products that will mutually benefit both parties in the areas of: a. Target Costs b. Cost Reduction Efforts, including both materials and processes c. On Time Shipments as measured by Customer Request Date and Scheduled Ship Date.