Pricing Notes and Assumptions
1) Quantium reserve the rights to revise the rates upon detailed understanding of the operations process should the requirements as specified defer from the actual operations data profile.
2) Standard operating hours: Monday to Friday 0830hr to 1730hr
3) Both parties will seek to review the rates after three months after Operations Go-Live date
4) Rates assume that all products are with bar-code label and inventories are managed using Customer Warehouse Management System
5) Inbound rates based on physical checking and each inbound carton do not contain multiple SKUs.
6) Rates exclude packaging or label materials, consumables; which will be charge at cost + 10% admin charge
7) Rates exclude Cost associated to migration of goods from another Logistics Vendor
8) Rates exclude handling of goods that are coming into warehouse by 20ft/40ft container
9) Both Quantium & Customer will seek to review the impact of inflation on proposed rates annually one month before contract anniversary date
10) Annual inflation rates can be obtained from official government website - Department of Statistics Singapore (http://www.singstat.gov.sg)
11) Above quotation is in SGD and subjected to GST
12) Storage rates is subject to warehouse space's availability upon award of the project
13) Proposed warehouse is non bonded for Singapore.
14) Scope excludes handling of Dangerous goods, oversized cargo or per pallet/crate exceeding 1 ton
15) Billing/Invoicing will be based on Quantium billing template and cut-off timings. Billing amount will be SGD and it will be based on Quantium's records (i.e. WMS, email confirmation etc).
16) If actual volume exceeds more than 12% from forecast volume after detailed scoping, processing activities will considered as overtime activities and overtime charge will be applicable.
17) The pricing's scope of work includes activities communicated. Labor resources required for out-of-scope services will be considered as ad-hoc labor chargeable based on the below ad-hoc rate if applicable.