Nicole Livesey, manufacturing industry contract expert at Pinsent Masons, explores how increased collaboration in manufacturing is encouraging new contract models.
New contract models have emerged to underpin collaborative partnerships in manufacturing and reflect major changes in the sector. Nicole Livesey, partner, Pinsent Masons LLP. Traditional linear contracts, individually linking participants in the supply chain, are being replaced by more flexible multi-party and behavioural contracts to account for new cooperative commercial relationships.…
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