| Supplier Partnership Policy
SUPPLIER PARTNERSHIP POLICY
Effective Date: July 19, 2025
1. PURPOSE
This policy outlines the terms, conditions, and expectations governing the partnership between Value Boy Fashion and its product suppliers. It is designed to ensure clarity, consistency, and transparency in product pricing, inventory handling, marketing, and commission structures within the Value Boy Fashion platform.
2. PRODUCT OWNERSHP & SUPPLY
Suppliers shall provide physical inventory of their products to Value Boy Fashion for listing and sales through the platform.
- All inventory must be delivered to and held in the possession of Value Boy Fashion’s designated store or warehouse facilities.
- Products remain the property of the supplier until sold to a customer.
3. PRICING & COMMISSION STRUCTURE
- Value Boy Fashion will apply markup price to the original product price provided by the supplier for site maintenance.
- This markup constitutes the platform’s commission and contributes to platform maintenance, marketing, logistics, and delivery operations.
- The supplier will receive payment based strictly on the original product price submitted.
- For Liberian brands 25% markup + 200 LD for delivery will be added, they will provide their own model shoot
4. INVENTORY & FULFILLMENT
- All products listed on the platform must be physically available in Value Boy Fashion’s possession to enable quick order fulfillment and customer satisfaction.
- Value Boy Fashion will manage the packaging, delivery, and inventory tracking of all products sold through its platform.
- Suppliers must ensure timely restocking of inventory upon request or low stock notifications from the platform.
5. PAYMENT TERMS
- Payouts to suppliers will be made on a bi-weekly basis, covering products sold during the previous period.
- Payments will be processed via mobile money, bank transfer, or any other agreed method.
- All payments will reflect the original product price as agreed, excluding the platform’s markup.
6. MARKETING & PROMOTION
- Value Boy Fashion reserves the right to promote and advertise all listed products across its digital and physical platforms.Â
- Promotional and marketing activities, including discount campaigns, will be determined by Value Boy Fashion but in coordination with suppliers when such activities affect supplier payouts.
7. TERMINATION & REVIEW
- Either party may terminate the partnership with 30 days’ written notice.
- Value Boy Fashion reserves the right to terminate any partnership
immediately in the event of policy violation, supply failure, or poor
product quality. - This policy is subject to periodic review and may be updated at the
discretion of Value Boy Fashion management.
8. CONFIDENTIALITY
All business information, product pricing, and partnership details shall remain confidential and shall not be disclosed to third parties without prior consent.
9. GOVERNING LAW
This policy shall be governed by the laws of the Republic of Liberia and alloperations shall adhere to national regulations and business practices.
Note: Suppliers engaging with Value Boy Fashion are deemed to have read, understood, and accepted the terms of this Supplier Partnership Policy.