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supplier contracts are essentially the the terms and conditions in place between you and anyone thats supplying either a service or a product or goods to your business um so there would be the terms and conditions which would manage that relationship between you and your supplier so with a really challenging economic and a political climate that were all facing at the moment cost has always been a priority for a lot of businesses but its a massive priority now and and getting that under control a key place that you start to look at your suppliers and if you have a really good supplier contract in place youll have a really good commitment with your supplier so both you and your supplier will be committed to the terms that youve agreed between you both those terms will be fair and acceptable for both of you youll have certainty around what it is thats going to be supplied how much when you can expect to receive it and also fundamentally what the plan b is if something goes wrong s
