Among the most common disputes in the manufacturing industry are
disputes over price changes. Most often, such disputes involve a
supplier seeking higher prices from its customer. However, there
also are instances in which a buyer seeks price reductions from its
suppliers. These disputes can arise for many reasons, such as
increases for raw materials or other costs, programs extending
beyond original expectations, or simply through miscalculations in
the initial quote. Whatever the cause, such disputes have existed
for as long as the manufacturing supply chain itself. While many of
these disputes are resolved amicably through commercial
discussions, they have the potential to destroy long-standing
relationships and cause significant disruption to the supply
chain.
