DEMAND PLANNING Sample Clauses

The Demand Planning clause establishes the procedures and responsibilities for forecasting and communicating anticipated product or service needs between parties. Typically, it requires one party to provide regular forecasts of expected demand within specified timeframes, allowing the other party to adjust production, inventory, or resource allocation accordingly. This clause helps ensure supply chain efficiency and minimizes the risk of shortages or overstock by promoting proactive coordination and planning.
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DEMAND PLANNING. Section 4.01 The Recipient shall provide the Provider with forecasts of its Product requirements (the Forecasts) as follows: (a) For Product comprising raw materials, commodities or components which the Supplier sources from the Third-Party Suppliers under the agreements listed in Schedule 3 from time to time, the Recipient has already before the Effective Date provided the Supplier with a Forecast for the period starting on Effective Date and ending on 31 December 2024 (or such later date as required by the lead times indicated per Third-Party Supplier agreement in Schedule 3). No later than by 30 April of each calendar year, the Recipient shall provide the Supplier with a Forecast for such Products for the next calendar year (or such longer period as required by the lead times indicated per Third-Party Supplier agreement in Schedule 3). (b) For all other Products, the Recipient has already before the Effective Date provided the Supplier with a Forecast for the period starting on the Effective Date and ending on 31 December 2023. No later than by 30 November of each calendar year, the Recipient shall provide the Supplier with a Forecast for the next calendar year. (c) Each Forecast shall be broken down by calendar quarter. Forecasts shall be non-binding, except that any Forecast according to Section 4.01(a) shall be binding on the Recipient as further set out in Section 4.10. Section 4.02 The Recipient shall issue delivery schedules setting out its demand of Products on a rolling basis to the Supplier which shall: (a) cover (i) a period of twelve (12) months for Products with Lead Times shorter or equal to twelve (12) months or (ii) for Products with Lead Times longer than twelve (12) months, at least the period of the applicable Lead Time, (b) be updated on a weekly basis, and (c) comply with the applicable Lead Times and the Minimum Order Quantities (each delivery schedule issued in accordance with these requirements a Compliant Delivery Schedules). Section 4.03 The Supplier shall inform the Recipient within seven (7) Business Days after receipt of a Compliant Delivery Schedule whether it accepts or rejects such Compliant Delivery Schedule and any Compliant Delivery Schedule not rejected within such period shall be deemed accepted. The Supplier shall only be entitled to reject a Compliant Delivery Schedule if the Supplier would not be able to fulfill such Compliant Delivery Schedule (in terms of volumes and/or delivery dates) despite using commercially ...
DEMAND PLANNING. 4.1 Siemens shall keep the Supplier as well informed as possible in the light of customer demand for its magnets and shall promptly inform the Supplier of changes in its requirements. Without limiting the foregoing Siemens shall notify the Supplier in writing on a monthly basis of Siemens’ requirements for Products for the following twelve (12) month period; this forecast shall indicate Siemens’ requirements by magnet type. Such forecasts shall be prepared in good faith on the basis of best available information but the Parties acknowledge that such forecasts do not form a binding commitment on Siemens to purchase or the Supplier to supply Products and is for information purposes such as long term planning by the Parties. 4.2 Without prejudice to Clause 4.1, in the event that Siemens requirements for Products exceeds the requirements projected in accordance with Clause 4.1, Siemens shall notify the Supplier in writing of its requirements and the Supplier shall use all endeavours reasonably practicable to meet such requirements. 4.3 Siemens agrees that it shall purchase from the Supplier the following percentages of its annual requirement of Products until such time as the percentages are reviewed and amended as agreed by the Parties: It shall not be a breach of this Agreement for Siemens in its sole discretion to purchase any Products from other Suppliers in the event of unavailability of the Products either in meeting Siemens’ forecasted requirements or due to unavailability at the Kanban System notwithstanding that this may result in the annual percentages to be purchased from the Supplier being lower than set out in this Clause 4.3. The percentages set out above shall be reviewed annually by the Parties.
DEMAND PLANNING. Each month, LipoScience shall provide to Agilent a non-binding twelve-month rolling forecast of LipoScience’s anticipated Product needs broken down into monthly increments. LipoScience will use its reasonable efforts to provide Agilent with market data and forecasts to optimize production planning in the short, medium and long term. All such short, medium and long term forecasts shall be good faith estimates of LipoScience and shall not be binding on either Agilent or LipoScience. The Parties shall communicate in writing or orally not less than each quarter during the Term of the Agreement to review anticipated requirements of LipoScience and address any issues relating thereto. Such forecasts and market data shall be the Confidential Information of LipoScience and marked as such by LipoScience.
DEMAND PLANNING. Provider shall perform work related to determining inventory on hand according to sales forecasts and shall meet with Recipient’s sales and marketing representatives to plan and determine purchases of inventory and timing of such purchases in Manugistics. Cost of Services shall be charged each month at a fixed amount of $93,610. Pursuant to Section 2(f) of the Agreement, the uplift charged for Services described in this Schedule shall be 2%. Until the date that is twenty (20) months after the Separation Date, with Recipient to have the right to extend the term with three (3) months’ prior written notice, up to a maximum of an additional twelve (12) months.
DEMAND PLANNING. AMS.5. 1.1 Develop Annual Plan/Budget for year Ö
DEMAND PLANNING. On a periodic basis to be agreed upon by the Parties, Distributor will report to ExxonMobil volume gains and losses, on an individual Product or Supply Product basis, for the purpose of forecasting future demand of Products and Supply Products.
DEMAND PLANNING. 8.1 Honeywell forecasts for Products shall be provided to EFTC on a weekly basis. EFTC will procure material based on such forecast. However, Honeywell's liability to pay for material purchased by EFTC in reliance on Honeywell's forecast shall be limited to material purchased three (3) months prior to Honeywell's delivery date or industry lead-time, which ever is longer. 8.2 Standard lead-time for Products to be supplied by EFTC shall be two (2) weeks on forecasted items. Forecasts or Purchase Orders may be rescheduled (in or out) as follows, or as mutually agreed to by both Parties (subject to the terms in Section 8.1): Days remaining until original schedule Rescheduling (in or out) options* (calendar days) 0-14 days No rescheduling or cancellations. 15-45 days Honeywell may reschedule or cancel up to 25% of Purchase Order/Forecast volume NOTE: Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Omissions are designed as ***. Confidential treatment has been requested with respect to the omitted portions. 45-90 days Honeywell may reschedule or cancel up to 50% of Purchase Order/Forecast volume 90 days or more Honeywell may reschedule or cancel up to 100% of Purchase Order/Forecast volume *The above schedule is based on material and resource availability for rescheduling in.

Related to DEMAND PLANNING

  • Selection Planning Prior to the issuance to consultants of any requests for proposals, the proposed plan for the selection of consultants under the Project shall be furnished to the Association for its review and approval, in accordance with the provisions of paragraph 1 of Appendix 1 to the Consultant Guidelines. Selection of all consultants’ services shall be undertaken in accordance with such selection plan as shall have been approved by the Association, and with the provisions of said paragraph 1.

  • Financial Planning The Employer will provide, or cause to be provided, continued access, for the remainder of the calendar year in which the Covered Termination occurs or for 60 days (if greater), to the financial planning services available to executive employees at the time of the Covered Termination.

  • Transition Planning The AGENCY will be responsible for the development of the student’s Transition Plan, which begins upon entry and is completed prior to the student’s exit.

  • Discharge Planning If further care at home or in another facility is appropriate following discharge from the Hospital, Blue Shield will work with the Member, the attending Physician and the Hospital discharge planners to determine the most appropriate and cost effective way to provide this care.

  • Multi-Year Planning The CAPS will be in a form acceptable to the LHIN and may be required to incorporate (1) prudent multi-year financial forecasts; (2) plans for the achievement of performance targets; and (3) realistic risk management strategies. It will be aligned with the LHIN’s then current Integrated Health Service Plan and will reflect local LHIN priorities and initiatives. If the LHIN has provided multi-year planning targets for the HSP, the CAPS will reflect the planning targets.