Welcome to Component Bar Products, LLC (“CBP”). The following Terms and Conditions apply to all Purchase Orders issued by CBP and govern all supplier relationships and transactions. By accepting a Purchase Order, the supplier acknowledges and agrees to comply with the terms outlined herein.
Terms of Purchase
- Quality Management System:
Suppliers must maintain a Quality Management System that ensures all products and services meet the specifications and requirements outlined in the Purchase Order. - Notification of Changes:
Suppliers are required to inform CBP of any changes to their Quality Management System or any alterations to their certifications that could affect the quality or compliance of the order. - Test Reports or Compliance Certificates:
Each delivery must be accompanied by a Test Report or Certificate of Compliance, verifying that all standards referenced in the order are fully met. - Non-Conforming Products:
Suppliers must immediately notify CBP upon discovery of any non-conforming product related to a Purchase Order. - Special Processes and Record Retention:
Special process suppliers must use qualified personnel for all operations and retain process, inspection, and test records for a minimum of three (3) years. These records must be available for CBP review upon request. - Responsibility for Non-Conformance Costs:
Suppliers are liable for all costs associated with product or service non-conformities, including corrective actions and damages. - Subcontracting Restrictions:
No part of the order may be subcontracted without prior written approval from CBP. - Flow-Down Requirements:
Suppliers must communicate and enforce all applicable order requirements to approved subcontractors to ensure continued compliance. - Product, Process, and Facility Changes:
Suppliers agree to inform CBP of any changes in product, process, location, or organizational structure that may affect quality or delivery. - Terms Revisions:
Suppliers are responsible for periodically reviewing CBP’s Terms and Conditions. CBP reserves the right to revise these terms without prior notification. - Payment Terms:
CBP’s standard payment terms are Net 45 from the date of invoice, unless otherwise agreed upon in writing. - Employee Awareness and Ethical Conduct:
Suppliers are required to ensure their employees understand the importance of:- Product and service conformity
- Product safety
- Ethical behavior
Supplier Code of Conduct
CBP is committed to responsible sourcing and ethical business practices. All suppliers must adhere to the following standards:
Ethical Business Practices
- Comply with all applicable local, national, and international laws and regulations.
- Prohibit bribery, corruption, and all unethical financial practices.
- Promote fair competition and avoid conflicts of interest.
Labor and Human Rights
- Strictly prohibit forced, child, or involuntary labor.
- Ensure fair wages, lawful working hours, and benefits.
- Maintain a safe, respectful, and inclusive workplace free from discrimination.
Health and Safety
- Maintain a safe work environment with proper safety measures, ventilation, machine guarding, and personal protective equipment (PPE).
- Implement specific protocols for hazardous material handling.
- Provide regular safety training and ensure emergency preparedness.
Environmental Responsibility
- Comply with environmental regulations on waste disposal, emissions, and chemical usage.
- Minimize environmental impact through resource efficiency.
- Properly manage and dispose of hazardous materials.
Quality and Operational Standards
- Meet all agreed specifications and industry standards.
- Use certified and traceable materials.
- Ensure timely delivery and maintain clear, proactive communication.
Supply Chain Responsibility
- Hold subcontractors and secondary suppliers to the same ethical and operational standards.
- Avoid sourcing materials from unethical or unsustainable sources.
Confidentiality and Intellectual Property
- Protect CBP’s proprietary information, designs, and data.
- Do not disclose or misuse sensitive information without prior authorization.
Monitoring and Compliance
- Allow audits or assessments to verify compliance.
- Commit to timely corrective action in case of violations.
- Provide regular updates on environmental, safety, and labor practices.
Sustainability and Innovation
- Support eco-friendly technologies and practices.
- Embrace continuous improvement in quality, efficiency, and environmental performance.
If you have any questions or require clarification regarding these Terms and Conditions, please contact us.
Component Bar Products, LLC reserves the right to modify these terms at any time.