Vendor Managed Inventory Agreement Template for Saudi Arabia

1. Insurance Requirements: Specific insurance obligations if not covered by standard business insurance

2. Consignment Provisions: Additional provisions if inventory is held on consignment basis

3. Export/Import Compliance: Required for international VMI arrangements involving cross-border movement of goods

4. Training and Support: When vendor must provide specific training for customer's staff

5. Business Continuity: For critical supply arrangements requiring specific continuity measures

6. Data Protection: Detailed data protection provisions when handling sensitive customer data

7. Warehouse Access and Security: When vendor requires physical access to customer's premises

8. Environmental Compliance: For inventory involving hazardous or environmentally sensitive materials

1. Schedule 1 - Product Specifications: Detailed specifications of products covered under the VMI arrangement

2. Schedule 2 - Pricing Schedule: Detailed pricing information, including any volume-based pricing mechanisms

3. Schedule 3 - Service Levels: Detailed service level agreements and performance metrics

4. Schedule 4 - Stock Level Parameters: Specific minimum and maximum stock levels for each product

5. Schedule 5 - Systems Specifications: Technical specifications for inventory management systems and integration requirements

6. Schedule 6 - Reporting Templates: Standard forms and templates for regular reporting

7. Schedule 7 - Operating Procedures: Detailed procedures for day-to-day inventory management operations

8. Schedule 8 - Contact Details: Key personnel and escalation contacts for both parties

9. Appendix A - Warehouse Locations: List of approved storage locations and facility specifications

10. Appendix B - Compliance Certificates: Required regulatory certifications and compliance documents