Re:If you imagine a business making surgical facemasks is wo...
by rch on Monday April 06, 2020 @12:49AM
(#22790981)
> 100 year contracts with strict non compete clauses and defined rules around sourcing / pricing and failures to comply.
Exactly. IIRC Sysco negotiates 50-99 year contracts with e.g. universities to supply on campus dining. It seems that firms in the healthcare supply chain would do the same.
Re:If you imagine a business making surgical facemasks is wo...
by michaelt on Monday April 06, 2020 @09:50AM
(#22793661)
Interesting. What does a customer do, in a 50-year contract, if the level of service drops or the product becomes obsolete?
Re:If you imagine a business making surgical facemasks is wo...
by djyaz1200 on Sunday April 05, 2020 @11:15PM
(#22790653)
Totally agree, he should accept orders from any org willing to sign a long term deal at his usual prices and run the factory 24/7.
Re:If you imagine a business making surgical facemasks is wo...
by londons_explore on Monday April 06, 2020 @12:05AM
(#22790827)
Most companies go bankrupt in a lot less than 100 years... In most cases, the full value of the contract would never be paid.
Also, I highly doubt this guy is using 10 year contracts.
If I was him I would only be selling to those hospitals that sign 100 year contracts with strict non compete clauses and defined rules around sourcing / pricing and failures to comply.