Explore CIF and FOB shipping terms to understand buyer versus seller responsibilities, cost implications, and best practices ...
Under delivered duty paid (DDP), the seller is responsible for the cost of transporting goods until customs clears them for import at the destination port.
Incoterms® are a set of three-letter trade terms developed by the International Chamber of Commerce for shipping freight and determining the point of risk of loss from the seller to the buyer.
The International Chamber of Commerce (ICC) has released its revised list of international shipping terms, and effective January 1, 2020, Incoterms® 2020 become the new rules of the road. Because of ...
THE implications of a well-managed supply chain are becoming clearer as companies see the efficiencies of scale and value a well-executed supply chain brings to an organisation. The role of ...