Common use of Management of Inventory Clause in Contracts

Management of Inventory. The Parties will ensure that enterprises will apply appropriate systems in the management of this Appendix provided that the systems are based on generally accepted accounting principles.

Management of Inventory. 1. The Parties will ensure that enterprises will apply appropriate systems in the management of this Appendix provided that the systems are based on generally accepted accounting principles. 2. Each Party will inform the other of the systems in use to manage inventories including those of interchangeable goods.