Stock Agreements

What is a stock agreement?

A stock agreement is a contract-binding purchase meaning the stock will be pre-ordered in advance. Once the agreement has been completed, stock will be allocated to your account, available exclusively and invoiced once dispatched. Rapid will retain your stock and have it dispatched to you on pre-set dates or whenever required during this period.

Benefits of stock agreements

Pay for stock when you receive it

Safeguarded from price increases

Your stock is guaranteed

Stock stored in our UK warehouse

How it works

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.

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.

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)

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.

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.

After your agreement has started

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.

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.