Document background
The Preferred Supplier Agreement is designed for businesses operating in Denmark seeking to establish and maintain strategic supply relationships with key vendors. This agreement type is particularly valuable when a company wishes to secure reliable supply sources with preferential terms while maintaining flexibility in purchase volumes. The document addresses requirements under Danish law and EU regulations, including competition law considerations, and typically includes comprehensive terms covering ordering mechanisms, pricing structures, quality standards, and service levels. It's commonly used when the customer anticipates significant ongoing procurement needs and wants to benefit from economies of scale, while the supplier benefits from a preferred status and potentially increased business volume. The agreement should be tailored to comply with Danish commercial practices and specific industry requirements.
