Purchasing: Supplier Supported Pricing

These 5 points are designed to provide ideas to suppliers to maximize sales of your product line to the EQ family of companies.

Volume Rebates

EQ encourages suppliers to offer volume rebate programs as an incentive in supplier selection. Current volume rebate programs earn rebates upon EQ's achievement of a pre-determined dollar amount, or a percentage increase over the previous year's purchases - - with a rebate payment per a set schedule, e.g. rebate payment 60 days of December 31st.

Discounted Prices

EQ encourages suppliers to offer discounted prices as an incentive in supplier selection, for individual Purchase Orders and multiple release blanket agreements.

Multi-Year Agreements

EQ encourages suppliers to offer multi-year agreements that provide an assurance of continuous business. In exchange for volume consideration and long-term agreements, we expect our suppliers to commit to stable reduced pricing.

Discounted Payment Terms

Suppliers are encouraged to offer discounted payment terms - -which EQ is willing to consider if an adequate additional discount is offered.

Value Analysis

Our suppliers, both prospective and current, are encouraged to provide direction to EQ on value analysis opportunities aimed at enhancing EQ's position in the marketplace.

• Purchasing Supplier Guide
  • Purchasing Policy
  • Pledge to our Suppliers
  • Supplier Requirements
  • Purchasing Offices
  • Supplier Qualification Process
  • Certification Support
  • Supplier Supported Pricing
  • Purchase Orders
  • Terms and Conditions
  • Shipping Instructions
  • Delivery Locations
  • Return-of-Goods
  • Invoicing Instructions
  • Non-compliance of Supplier Requirements