Stock Agreements

Availability and pricing that works for you

Your business can ensure a consistent supply, secure fixed costs, and enjoy flexible delivery schedules with a stock agreement. By locking in prices and reserving your inventory in advance, you'll have peace of mind knowing your products are protected from market volatility and unexpected shortages.

What is a stock agreement?

A stock agreement is a binding contract that allows you to pre-order stock in advance, ensuring it’s reserved specifically for you. Once finalised, the stock is allocated to your account and stored securely in Rapid's UK warehouse. You can choose to have it dispatched on pre-set dates or whenever needed during the agreed period, with payment only due upon receipt. This approach guarantees that your products are available when required, without any unexpected surprises.

Benefits of our Stock Agreements service

How it works

1. Fill out our form

   Provide us with all the relevant information about the stock agreement you'd like to start. The Rapid team will get in contact with you to discuss this further.

2. Receive a quote from us

   You will obtain a quote from Rapid. This includes sourcing each part you require, negotiating the best price from our suppliers, and fixing a price for the allocated stock. Documenting all the costs and options up front and confirming the expected start and end dates.

3. Discuss how you would like your agreement setup

   There are two types of stock agreement to choose from:
   Scheduled order - You provide the scheduled quantities and dates for each drop
   Call off - You release your stock as an when it is required (over a maximum of 12 months)

4. Purchase order processed

   Once you accept our quote, you will raise a purchase order for the full quantity, which we will then processed and despatch as agreed.

5. Your agreement starts

   We will order in all of the stock required for your agreement and store it in our UK warehouse, ready for despatch inline with your agreement.

6. After you receive your stock

   Once your agreement has started, you will start to receive your stock, this will be either be on a pre-set date/s you have chosen or you can release stock as it is required.

7. Get regular updates on your stock

   Throughout your stock agreement we will provide you updates on the status of your stock. This includes the amount of stock remaining and the date it expires.

8. Control your stock

   During the period of your stock agreement, you can make changes, to control your stock to meet your changes in demand (subject to your ageement).