Holding their own
13 September 2012
Retaining ownership of goods ensures that suppliers are protected if a customer’s business fails. But putting it in the contract is only the first step for both parties, as Robin Tutty explains
Efficient and cost-effective systems for the purchase and delivery of goods are an essential feature of most businesses. Where your business is also a supplier to third parties, it is important that the link in the supply chain to the customer is equally robust and provides protection to the supplier.
Where goods are sold for cash, risk is minimal; but where...