SC FABRICA DE BUCȘE SRL

In the ever-competitive world of manufacturing, clear and open communication between companies and their business partners is crucial. A poorly written or incomplete agreement could lead to misunderstandings that may have long-term effects on the quality of the product and ultimately, on the relationship with the client. This is where the use of a well-written and clear effective agreement template can come in handy. For SC FABRICA DE BUCȘE SRL, a company that produces various adapter sleeves and withdrawal sleeves for the rolling element bearing industry, such an agreement is even more crucial. The use of different manufacturing technologies and the wide range of sizes, tolerances and ranges of adaptation put an additional strain on the need for a clear and comprehensive agreement. As this is a relatively niche industry, a thorough understanding of the manufacturing process and the way the company operates is essential in order for the template form to be filled out and applied correctly. However, the template form itself makes it easy for whoever is responsible to identify gaps in the document that should be covered and analyzed before using it when preparing a proposal or a final agreement. For example, in some cases, a client may require a tolerance of ± 0.002 mm due to the application of a new technology for their products. Such a specific tolerance could not be covered by a template form, but a careful analysis of the situation should allow for additional specifications to be included in the types of products that the client may require from the company. The social capital of the company, as well as the monetary contributions of the classical company’s shareholders (individuals or corporations) may depend on certain parameters that will be established, analyzed and agreed upon by the parties. In this case, it is a good idea to replicate the template form, so that each shareholder’s monetary contribution, as well as the additional contributions to be established, are separately covered in the capital contribution agreement. This will allow both the company and its shareholders to have a clear overview of the amounts invested and the importance of holding each shareholder accountable for them, so that the allocation of shares is explicitly outlined in the capital contribution agreement. Making sure that customer satisfaction is capitalized is by far one of the leading indicators of the future success of any manufacturing company, big or small. In this sense, SC FABRICA DE BUCȘE SRL has made a great step towards quality producing and customer loyalty by implementing a capital contribution agreement template that is compliant under the Romanian law and that will enable them to avoid the future misunderstandings caused by poor communication with the client and with the shareholders themselves.