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Price Adjustment Request Form

Instructions

We see our suppliers as a key source of competitive advantage. Our aim is to build sustainable relationships based on mutual economic benefit through trust, integrity, open communication and a joint commitment to continuous improvement.

At The Laminex Group we are proud to be considered as preferred customers by many of our suppliers and we are constantly looking for ways to improve our communication with you.

This online form will enable you to clearly articulate the background and requirements associated with a Price Adjustment Request and also to provide all relevant information including the proposed new prices.

When requesting a price increase our corporate policy requires that you advise us of your proposal at least 90 days in advance of the effective date of the new prices. For those Suppliers with a current formal supply contract in place we will continue to abide by the terms of the contract to which we are bound.

The online form facilitates the approval of proposed new prices, and clarifies the information we require to accompany all price adjustment requests. This form needs to be filled in its entirety. In addition the excel spreadsheet located at the bottom of section 3 of the online form will need to be downloaded and filled in. This form will need to be saved on your computer and then uploaded to the Price Adjustment Request Form before it can be submitted.

Following this process is essential as it will help ensure your request is given the fullest consideration. In most cases we will be able to respond to your requests within 15 business days.

If you have any questions in relation to this process, please contact our Procurement Department or refer to the Q & A presented below.

We thank you for your ongoing support and for your attention to this important matter.

Questions & Answers

Q. What is this process all about?
A. The Laminex Group introduced in May 2009 a new process for Price Adjustment Requests. Suppliers should provide their Price Adjustment Request at least 90 days before the new price is effective using the standard process we have developed.
Q. Why has The Laminex Group introduced this process?
A. The Laminex Group needs to ensure that proposed price variations are well documented and analysed, making sure that the needs of our suppliers are effectively considered and that the impact of the new prices are fully estimated.
Q. Where can I find the Price Increase Request Form?
A. The form is available in The Laminex Group web site under the “Supplier” section. Please submit all your information electronically.
Q. I am not proposing a price increase; the request is for the variation of the current commercial terms or the introduction of new fees. Should I follow this process?
A. The process requires that any change that might have a net effect in the price of the final product/service should follow the same process.
Q. How will the Price Increase Request be analysed?
A. As part of the process we have established different authority levels to approve the new prices. Once all information is provided in the electronic form and your request is considered, our aim is to respond back to you within 15 working days.
Q. If I have a question while filling the form where can I find help?
A. As a first point of contact, your main Laminex contact should be able to assist you. If you still have problems please contact our Procurement Department on (03) 9581 3839 or (03) 9581 3880.