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hi there everyone this is cleo boberg with ucsd extensions paralegal program and today i will be doing a presentation on manufacturing and supply agreements a manufacturing and supply agreement is a bilateral contract made between a manufacturer and another purchasing party for the production of a good it details the exact conditions of the production of that particular good how the purchases will be made and how the goods will be delivered these types of contracts form a fundamental basis for the efficient use of resources in an economy between manufacturing and a storefront kind of business you may be wondering how this kind of contract promotes that economic efficiency and what the benefits of it are it serves to incentivize both industry and business without either side of that being incentivized on the side of the supplier or the manufacturer it allows the supplier to make money from their existing manufacturing capabilities without having to expand into markets to be able to sel
