Stock rotation agreement

How it is used

Use for a supplier-reseller arrangement; specify return limits, product condition and replacement rules.

Example sentences

1. The stock rotation agreement lets the reseller exchange slow-selling sizes once each quarter.

   The supplier helps adjust the reseller's product mix under set conditions.

2. Damaged packaging made several units ineligible under the stock rotation agreement.

   Eligibility may depend on the condition of the returned goods.

Common collocations

• negotiate a stock rotation agreement
• stock rotation agreement limits

Related terms

• inventoryAll the goods a business has in stock and available to sell, or a detailed list of them.
• contractA formal written agreement between a seller and a buyer that sets out what will be supplied, at what price and under which conditions, and that both sides must follow.

More terms: Account Management

• CRM
• account manager
• upsell
• cross-sell
• key account
• customer retention
• churn
• renewal
• customer lifetime value
• check in
• sales territory
• account mapping