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What is Bilateral Supply Contract

Chapter 168
Encyclopedia of Business Analytics and Optimization
An agreement between a supplier and a buyer under mutually agreeable terms for a specified period of time. The bilateral supply contract is usually long-term and may have various special contract clauses.
Published in Chapter:
Portfolio Procurement in Supply Chain Management
Min Shi (California State University, Los Angeles, USA) and Wei Yu (California State Polytechnic University, Pomona, USA)
Copyright: © 2014 |Pages: 6
DOI: 10.4018/978-1-4666-5202-6.ch168
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