ARTICLE
30 November 2018

Service Levels – "Mind The Gap"

LD
Lowndes, Drosdick, Doster, Kantor & Reed, P.A.
Contributor
Lowndes, Drosdick, Doster, Kantor & Reed, P.A. logo
The firm’s original four partners were engaged primarily in a burgeoning real estate practice. While our real estate practice and deep-rooted involvement in that industry remains an integral component of the firm, we have grown alongside the dynamic needs of our clients and community at large. Today, the firm’s lawyers advise clients on almost every aspect of business: from copyrights and trademarks to high-stakes, high-profile litigation; from complex commercial and residential real estate issues to wealth management; from labor and employment law to healthcare; from capital raising and entity formation to corporate growth and expansion locally, nationally and internationally.
Anyone who has had the pleasure of visiting London and utilizing its incredibly efficient public transportation system, in part provided by the London subway system ...
United States Corporate/Commercial Law
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Anyone who has had the pleasure of visiting London and utilizing its incredibly efficient public transportation system, in part provided by the London subway system (or "The Tube" as it is commonly referred to) is familiar with this visual and the auditory warnings to awaiting passengers to "Mind the Gap," a warning of the peril that exists due to the gap between the subway platform and the train.

These cautionary words can also serve as a reminder that service levels to be demanded of product and service providers need to take into account the demands and market requirements of customers. It is quite common for businesses to establish relationships with customers based upon customer demands only to thereafter find out when the business' supply chain group begins to identify suppliers that the customer demand for assurance of service exceeds the availability of service levels from suppliers.

This gap in rights can be a substantial consideration in how to manage customer expectations and is a reminder of how important front end communication is amongst all internal stakeholders from the initiation of a project so as to provide the opportunity to consider and address such issues in an attempt to avoid an unpleasant surprise related to failure to "Mind the Gap."

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
30 November 2018

Service Levels – "Mind The Gap"

United States Corporate/Commercial Law
Contributor
Lowndes, Drosdick, Doster, Kantor & Reed, P.A. logo
The firm’s original four partners were engaged primarily in a burgeoning real estate practice. While our real estate practice and deep-rooted involvement in that industry remains an integral component of the firm, we have grown alongside the dynamic needs of our clients and community at large. Today, the firm’s lawyers advise clients on almost every aspect of business: from copyrights and trademarks to high-stakes, high-profile litigation; from complex commercial and residential real estate issues to wealth management; from labor and employment law to healthcare; from capital raising and entity formation to corporate growth and expansion locally, nationally and internationally.
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