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Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms Contract language between buyers and sellers can feel complex—but we’re here to clear some of it up, at least when it comes to your Incoterms®. These handy...

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms Whether you’re buying or selling goods, it pays to understand your Incoterms®. These three-letter designations act as a shortcut to outline which transportation costs will be paid for by the buyer...

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms Incoterms® offer buyers and sellers of goods a quick and easy way to communicate who will be responsible for what transportation costs. By understanding your Incoterms, you’ll be able to negotiate...

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know   Protect Your Bottom Line by Understanding These 5 Common Incoterms When you’re negotiating a contract to buy or sell goods, knowing your Incoterms® can save you time and money—and prevent unexpected costs that could hurt your...

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms Incoterms, or International Commercial Terms, were created by the International Chamber of Commerce (ICC). Let’s talk specifically about the FCA Incoterm and what it might mean for you.  What Does FCA...

The pandemic—and its effects on global supply chains—held insights for manufacturers, suppliers, and retailers alike. Some questioned the validity of the popular just-in-time model for supply chain management. Others are seeking ways to make their supply chains more resilient, so they’re able to flex in response to future global incidents.   Diversification can be a key strategy for reducing the effect of disruptions on your supply chain. Simply put, supply chain diversification is the real-world application of the old adage, “Don’t put all your eggs in one basket.” It asks supply chain managers to reduce their reliance on single sources for components, supplies, and/or finished goods. That way, if one source...