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What is a big risk when we're purchasing without contract to suppliers. Then what things we have to do for avoid risk?

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Question added by Mohd Mustaqeem , Executive Secretary , SAUDI PAN KINGDOM CO
Date Posted: 2014/08/14
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Supply contracts usually will have a Sale or Return clause, Which is essential for Trade in the present scenerio. Likely chance that our stock will be held up for want of required specifications or end user. We must ensure that the purchases are specific to our needs Trade/captive use.

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