Forecast and Planning Clause Samples
The Forecast and Planning clause establishes the obligations of the parties to provide and update estimates of future requirements or activities relevant to the contract. Typically, this clause requires one party to regularly communicate anticipated needs, such as product quantities or service levels, while the other party uses this information to plan production, staffing, or resource allocation. Its core practical function is to facilitate efficient coordination and minimize disruptions by ensuring both parties have sufficient information to prepare for upcoming demands.
Forecast and Planning. Bioverativ shall submit to Biogen written, rolling forecasts for planning and purchase of Drug Substance, Drug Product and Finished Goods supply needs, in accordance with the template attached on Schedule 5 attached hereto, itemized as follows: Clinical Drug Substance 1-7 8-19 20–60 Quarterly Commercial Drug Substance 1-13 14-25 26-60 Quarterly Clinical and Commercial Active Drug Product & Diluent 1-7 8-16 17-60 Monthly Finished Goods 1-4 N/A 5-24 Monthly
(i) The “Binding Forecast” shall be binding per the terms noted above for the quantities of clinical and commercial DS Batches or Active Drug Product and Diluent or Finished Goods, respectively, by Presentation forecasted for future orders by Bioverativ for release in the months specified above, with “month-one” of such Binding Forecast representing the month during which such Forecast is submitted.
Forecast and Planning of the Agreement shall be replaced in the following:
Forecast and Planning. Clause 12 of the Agreement is amended and replaced in its entirety with the following:
12(1) Based on Alder’s commitment to order the Minimum Annual Order Quantity, Sandoz will, on or before [***] of each Calendar Year, provide Alder with the Sandoz planning forecast for the Manufacture of BDS for the following Calendar Year (“Planning Forecast”). Alder shall, in accordance with Clause 13, issue orders for [***] of the BDS amounts covered by the Minimum Annual Order Quantity as provided in the Planning Forecast.