GreatLight PO Advance Service Terms And Conditions

The “PO Advance Service” allows for the initiation of production, procurement of materials, or commitment of manufacturing capacity upon PO acceptance, before the deposit is received.

This service is offered selectively based on creditworthiness, order history, and order value. GreatLight may withdraw the offer at any time before production commences.

If this service is granted, the Buyer must submit the 50% deposit within the timeframe specified in the PO acceptance notice (e.g., 3 business days). Failure to do so will result in immediate order cancellation.

For orders under the PO Advance Service, GreatLight retains a lien on all finished goods, work-in-progress, and raw materials purchased for the order until full payment is received. Title does not pass to the Buyer until full payment is secured.

If the Buyer cancels an order after GreatLight has commenced work under these Advance Terms, the Buyer is liable for all costs incurred by GreatLight up to the point of cancellation.

ISO 9001 is defined as the internationally recognized standard for Quality Management Systems (QMS). It is by far the most mature quality framework in the world. More than 1 million certificates were issued to organizations in 178 countries. ISO 9001 sets standards not only for the quality management system, but also for the overall management system. It helps organizations achieve success by improving customer satisfaction, employee motivation, and continuous improvement. * The ISO certificate is issued in the name of FS.com LIMITED and applied to all the products sold on FS website.

IATF 16949 is an internationally recognized Quality Management System (QMS) standard specifically for the automotive industry and engine hardware parts production quality management system certification. It is based on ISO 9001 and adds specific requirements related to the production and service of automotive and engine hardware parts. Its goal is to improve quality, streamline processes, and reduce variation and waste in the automotive and engine hardware parts supply chain.

ISO/IEC 27001 is an international standard for managing and processing information security. This standard is jointly developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It sets out requirements for establishing, implementing, maintaining, and continually improving an information security management system (ISMS). Ensuring the confidentiality, integrity, and availability of organizational information assets, obtaining an ISO 27001 certificate means that the enterprise has passed the audit conducted by a certification body, proving that its information security management system has met the requirements of the international standard.

ISO 13485 is an internationally recognized standard for Quality Management Systems (QMS) specifically tailored for the medical device industry. It outlines the requirements for organizations involved in the design, development, production, installation, and servicing of medical devices, ensuring they consistently meet regulatory requirements and customer needs. Essentially, it's a framework for medical device companies to build and maintain robust QMS processes, ultimately enhancing patient safety and device quality.