General Terms and Conditions

Both the tactical and the operative buyer need to understand, and preferable be able to write, your organizations General Terms and Conditions in order manage the commercial risk. Let us study some real examples.

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Discussing real life General Procurement Terms and Conditions.

Adding General Terms and Conditions to your Purchase Order allow you to manage your supply chain risk in a basic way. How your General Terms and Conditions shall be written is of course specific to your business but by studying a real life example we can get the basic understanding (25 minutes).

1. Learning Objectives
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1. General Terms and Conditions and Frame Purchase Agreement.
1. Download Powerpoint slides presented in the course.
2. Introducing Volvo's General Purchasing Terms and Conditions as an example of Purchasing Terms and Conditions
1. Page 1 include, for example, paragraphs regarding which legal entities within Volvo who can use these T&Cs , Definitions, Conclusions of a purchase agreement and contractual documents and more.
1. Page 2 include, for example, Price and Payment Delivery and Passing of Title, Warranty for parts, Liability for defects or other non-conforming deliveries, Warranty for type- bound tooling ordered by Volvo.
1. Page 3 include, for example, Relocation of production, Code of conduct- environmental concern, Intellectual Property rights and Provision of parts.
1. Page 4 include, for example, Force majeure. Legal Requirements. Export control and Origin. Confidentiality. Waiver. Severability. Transfer and assignment of agreement, Terms of the agreement, Amendments, Language and Applicable Law.
1. Questions to help you verify that you meet the Learning Objectives.
1. Summary of the course
2. Reflection after the course

About this course

€20,00
11 lessons
Basic course

Instructor

Senior instructor. Fredrik Axelsson

Fredrik was born in Gothenburg on the Westcoast of Sweden where he earned his Master in Economics (1996) at Gothenburg University. Later Fredrik completed his Executive MBA (2003) at Stockholm Business school. Fredrik has experience from several companies: LM Ericsson, Solectron Sweden AB, Axelson Purchasing Resources AB, Saab AB and Alstom/GE before setting up Sourcing Partner in Summer 2017. During his career he has developed a broad experience within sourcing and procurement, holding roles from Operative Buyer to Sourcing Director via roles as Commodity manager and Business Development. Both in line organization and projects as consultant, owner and employee - in small and large business - in banking as well as manufacturing industry.

Next step

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