Common use of Component Procurement Clause in Contracts

Component Procurement. Unless otherwise agreed by the parties, Plexus will procure all Components necessary to fulfill Purchase Orders at lead-times reasonably consistent with the lead-times of such Components at the time of order. Plexus will also use Forecasts and a 20% Upside to procure longer lead-time Components as reasonably required to meet Customer’s Forecast and 20% Upside. Customer acknowledges that Plexus may be required by Suppliers to procure Components in minimum or economic order quantities and that such quantities may exceed Customer’s actual Demand. Customer will be liable for any such minimum or economic order quantities so procured by Plexus; provided, that Plexus provides Customer advance written notice of any such minimum or economic order quantities.

Component Procurement. Unless otherwise agreed by the parties, Plexus will procure all Components necessary to fulfill Purchase Orders at lead-times reasonably consistent with the lead-times of such Components at the time of order. Plexus will also use Forecasts and a 20% Upside to procure longer lead-time Components as reasonably required to meet Customer’s Forecast and 20% Upside. Customer acknowledges that Plexus may be required by Suppliers to procure Components in minimum or economic order quantities and that such quantities may exceed Customer’s actual Demand. Plexus will obtain Customer’s pre-approval (by e-mail or other written means) of all such procurements. Customer will be liable for any such minimum or economic order quantities so procured by Plexus; provided. Buy to Forecast, that Plexus provides Customer advance written notice of any such minimum or economic order quantities.Build to Order Addendum