Document background
This document is essential for businesses operating in Belgium that wish to establish a formal preferred supplier relationship with key vendors. A Preferred Supplier Agreement is particularly valuable when a company seeks to secure reliable, long-term supply arrangements with favorable terms and conditions. The agreement, governed by Belgian law and compliant with EU regulations, typically includes detailed provisions on pricing advantages, supply priorities, quality standards, and performance metrics. It's commonly used in situations where the customer wants to consolidate their supplier base, ensure supply chain stability, or secure preferential treatment in terms of pricing, capacity, or service levels. The document addresses both Belgian-specific legal requirements and commercial practices while providing flexibility to accommodate industry-specific needs and international business relationships.
