Why You Should Be On EXW (Ex Works) for Total Supply Chain Control
FCA vs FOB Incoterms: Who Pays the Origin Charges?
Within the shipping world, ‘Incoterms’ are a set of standards used within a trade regardless of whether the trade is domestic or international. Published by the International Chamber of Commerce, International Commercial Terms (Incoterms) essentially outline all the important details within the trade including time of delivery, location of delivery, payment, and which party pays […]
Recently, I worked on a bid for a Fortune 100 company within the technology industry. Instantly, I realized they had the bid template listed with the Incoterms of FCA Suzhou. According to ICC 2010, the shipper bears the responsibility for getting the cargo to the named FCA location. However, there is no legislation regarding origin […]