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Consignment Agreement For (Retail)
"I need a Consignment Agreement For (Retail) for placing our handcrafted jewelry products in luxury department stores across Jakarta, with specific provisions for security measures and display requirements, planned to commence in March 2025."
1. Parties: Identification of the Consignor (owner of goods) and Consignee (retailer)
2. Background: Context of the agreement and basic premises of the consignment arrangement
3. Definitions: Key terms used throughout the agreement including 'Consigned Goods', 'Consignment Period', 'Sales Proceeds', etc.
4. Appointment and Scope: Terms of appointment of consignee and scope of consignment arrangement
5. Delivery and Acceptance: Process for delivery, inspection, and acceptance of consigned goods
6. Pricing and Commission: Retail pricing guidelines and commission structure for the consignee
7. Payment Terms: Terms for remittance of sales proceeds and payment of commission
8. Obligations of Consignor: Responsibilities of the goods owner including quality assurance and support
9. Obligations of Consignee: Responsibilities of the retailer including storage, display, and sales efforts
10. Title and Risk: Provisions regarding ownership of goods and risk allocation
11. Reporting and Records: Requirements for sales reporting, inventory management, and record-keeping
12. Term and Termination: Duration of agreement and conditions for termination
13. Return of Goods: Procedures for returning unsold merchandise
14. General Provisions: Standard clauses including notices, amendments, and governing law
1. Insurance: Required when high-value goods are involved or when specific insurance requirements need to be detailed
2. Intellectual Property: Needed when branded goods are involved or when using trademarks/logos is part of the arrangement
3. Exclusivity: Include when either party requires territorial or product exclusivity
4. Marketing and Display: Required for agreements where specific marketing or display requirements are essential
5. Staff Training: Include when product knowledge training is required for the consignee's staff
6. Online Sales: Required when consignment arrangement includes e-commerce capabilities
7. Bank Guarantee: Include when financial security is required from the consignee
8. Force Majeure: Optional but recommended given potential disruptions in retail operations
1. Schedule A - Product List: Detailed list of consigned products with descriptions and pricing
2. Schedule B - Commission Structure: Detailed breakdown of commission rates and calculation methods
3. Schedule C - Operating Procedures: Specific procedures for handling, storing, and selling consigned goods
4. Schedule D - Reporting Format: Templates for required sales and inventory reports
5. Schedule E - Store Locations: List of approved retail locations for consignment
6. Appendix 1 - Return Policy: Detailed procedures for returns and unsold merchandise
7. Appendix 2 - Quality Standards: Product quality and handling standards
8. Appendix 3 - Display Guidelines: Specifications for product display and merchandising
Authors
Retail
Fashion and Apparel
Consumer Electronics
Luxury Goods
Handicrafts
Jewelry
Home Furnishings
Sporting Goods
Books and Stationery
Art and Collectibles
Beauty and Cosmetics
Legal
Commercial
Retail Operations
Finance
Procurement
Merchandising
Sales
Supply Chain
Compliance
Business Development
Retail Operations Manager
Commercial Director
Business Development Manager
Store Manager
Procurement Manager
Legal Counsel
Finance Manager
Inventory Manager
Sales Director
Merchandising Manager
Retail Channel Manager
Compliance Officer
Supply Chain Manager
Brand Manager
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