Stock Holding Agreement
Renlaw’s Stock Holding Agreement
An innovation to keep your factory running smoothly!
Renlaw’s stock holding agreement has been specially designed to make sure that our regular customers always have what they need when they need it.
Here are the highlights of how the agreement works:
- You communicate your needs with us.
- We will manufacture and store 3 months worth of stock for you.
- You only get invoiced for the stock you use, as you use it. No big outlay from your side.
- You get better pricing because manufacturing in bulk costs us less (fewer set-up operations).
- As soon as you draw stock (place an order) our system will be triggered to produce more for you.
- Your only commitment is to take the 3 months worth within a year. If you cancel you will also need to take your current stock.
That’s it!