What is Supplier Sourcing?
Supplier sourcing is a critical challenge for businesses. In a globalized context, the pool of potential commercial partners has grown exponentially, bringing opportunities to increase profit margins while optimizing the supply chain. To ensure you secure the best contracts with your suppliers, sourcing is the ultimate solution. Discover its key features and benefits.
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What is the EXW Incoterm?
When engaging in international trade, it’s well known that Incoterms play a major role in exchanges between sellers and buyers. These standardized terms clearly define the responsibilities and obligations of each party regarding transportation, costs, and risks. Among these Incoterms, the EXW (Ex Works) term is one of the most commonly used, particularly for transactions where the buyer assumes the majority of logistical responsibilities.
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What is a freight forwarder?
In international trade, the freight forwarder plays a central role. They ensure the transport of goods worldwide and serve as a link between manufacturers & suppliers and businesses & customers. If you need a service provider for your transactions, discover all the advantages of working with a freight forwarder and the criteria you should review to choose the right partner.
What is the FOB incoterm?
Incoterms are commercial terms defined by the International Chamber of Commerce (ICC). They govern the conditions of international goods sales in terms of transportation, customs, insurance, and delivery. The FOB (“Free On Board”) incoterm is one of the most commonly used terms, particularly in maritime transport. Discover all the key information you need to know about this regulation.
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COGS or Cost of Goods Sold: Definition and Calculation
The term COGS is the acronym for “Cost of Goods Sold,” which means “coût des marchandises vendues” in French. This accounting element is essential for understanding a company’s financial performance. What does this calculation entail? What does it reveal? What are its applications? Here’s everything you need to know.
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What is the CIF Incoterm?
Incoterm CIF: Definition The incoterm CIF, or “Cost, Insurance, and Freight,” is a contractual clause used in international […]
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What are the dimensions of a container?
To maximize the shipping cost of your goods, it is important to choose the right container size. What are the different available sizes? What criteria should be prioritized to find the optimal dimensions? Here’s everything you need to know about this topic.
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