BOM Cost definition
Examples of BOM Cost in a sentence
For those Products that have a different material standard BOM Cost than the material inventory on hand at Flextronics, the material inventory is to be revalued to the next six months standard material BOM cost.
The per unit price of each Product will not exceed the aggregate sum of the BOM Cost and Value Added in accordance with this Agreement (the “Unit Price”).
Supplier will provide Eargo with Component and raw material pricing for the purposes of determining BOM Cost.
XSI’s share of such BOM Cost savings will be passed through to XSI in the form of price reductions on Products, and Supplier’s share of such BOM Cost savings will inure to its benefit by retaining such savings.
Eargo may review applicable vendor agreements and pricing arrangements to verify BOM Cost, except to the extent non-disclosure agreements prohibit Supplier from disclosing specific vendor pricing, in which case, Supplier will provide to Eargo aggregated price verification.
Savings in the BOM Cost that are achieved in collaboration between Supplier and XSI shall be shared equally by the parties.
BOM Cost and Value Added pricing will be reviewed [***] to ensure price reduction commitments are consistent with this provision and otherwise acceptable to Eargo.
The Parties shall review the Target BOM Cost for each Product on an at least an annual basis, including comparing each such Target BOM Cost to the actual BOM cost, and based on such review, Customer may set a new Target BOM Cost for the following twelve (12) months or on a Order-by-Order basis.
Each Product Quotation for a new Product shall also set forth a target cost for the BOM for a single unit of such Product as of the date of such Product Quotation (with each such target BOM cost and the AlterG Target BOM Cost being a “Target BOM Cost”).
Subject to compliance with Section 4.4(b), the Price for a given unit of the Product will reflect a passthrough of the actual cost of all Materials (as defined in Section 4.4(b)) within the bill of materials (“BOM”) for such Product using a first in first out accounting method regardless of whether the actual cost of Materials within the BOM is higher than or less than the Target BOM Cost (as defined in Section 4.4(b)) for such Product.