PICK ACCURACY Clause Samples

The Pick Accuracy clause establishes standards for the correctness of order fulfillment, specifically requiring that the items selected and shipped match the customer's order. In practice, this clause may set acceptable error rates for picking mistakes, outline procedures for reporting and correcting errors, and sometimes specify penalties or remedies if accuracy falls below agreed thresholds. Its core function is to ensure reliable and accurate delivery of goods, thereby minimizing customer complaints and operational disruptions caused by incorrect shipments.
PICK ACCURACY. Genco shall perform merchandise picking operations so that it maintains a * accuracy rate. Accuracy rate will equal (x) 1 minus (y) the quotient of: (A) the number of units of merchandise selected in a 24-hour period that do not conform with the Streamline customer order for which they are "binned" by Genco divided by (B) the aggregate number of units of merchandise ordered by Streamline customers and delivered in such 24-hour period. Streamline will test Genco's satisfaction of the Pick Accuracy Performance Standard on a daily basis by taking a random sample of "binned" customer orders, which sample size shall be established by Streamline in accordance with Streamline's then current sampling practices and shall record Genco's performance as "in compliance" or "out of compliance" for each day the CRC Facility is operating. Genco will be "in compliance" if the accuracy rate equals or exceeds * for the daily sample. At the end of every month commencing with the first full month after anniversary of the Live Date, Streamline will calculate the percentage of days that Genco was "in compliance" with the Pick Accuracy Performance Standard for such month by dividing the number of days Genco was in compliance by the total number of days the CRC Facility operated and if such percentage is less than * then Genco shall pay Streamline a * Performance Credit for such month.
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Related to PICK ACCURACY

  • Data Accuracy The Custodian has no responsibility for, or duty to review, verify or otherwise perform any investigation as to the completeness, accuracy or sufficiency of, any data or information provided by or on behalf of the Client, any persons authorized by the Client, any Third Party Agent, any Market Participant or any Authorized Data Sources, except to the extent the Custodian has agreed in writing to perform reconciliations, variance or tolerance checks or other specific forms of data review under this Agreement.

  • Reports Accurate All Servicer Certificates, Monthly Reports, information, exhibits, financial statements, documents, books, Servicer Records or other reports furnished or to be furnished by the Servicer to the Administrative Agent or a Lender in connection with this Agreement are and will be accurate, true and correct in all material respects.

  • Preserve Accuracy of Representations and Warranties Each party hereto will refrain from taking any action which would render any of its representations and warranties contained in this Agreement untrue, inaccurate or misleading as of Closing and the Effective Time. Through Closing, each party will promptly notify the other parties of any lawsuit, claim, audit, investigation, administrative action or other proceeding asserted or commenced against such party that may involve or relate in any way to another party to this Agreement. Each party hereto will promptly notify the other parties of any facts or circumstances that come to its attention and that cause, or through the passage of time may cause, any of a party's representations, warranties or covenants to be untrue or misleading at any time from the date hereof through Closing.

  • Certification of Accuracy The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate.

  • Information provided to be accurate All financial and other information which is provided in writing by or on behalf of the Borrower under or in connection with any Finance Document will be true and not misleading and will not omit any material fact or consideration.