INCOTERMS This time, the topic is INCOTERMS. I have already made the content about INCOTERMS. But this time, I will try to explain with different style. When I see the data of YouTube analysts, there are many access to the videos regarding INCOTERMS. I thought there are many people who is interested in learning INCOTERMS. […]
Archive List for Incoterms
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If you work in the International logistics section in your company, you have to learn and understand about Incoterms first. In this page, we will guide you to the better understanding of Incoterms with animation videos. What this page and our video provide with you is not only the basic knowledge of Incoterms, but also […]
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Here, we prepared the Quiz about Incoterms. This is the 25 questions related to EXW, FOB, FCA, CFR, CIF, CPT, CIP, DAP, DPT, DDP and so on. If you work in the International Logistics Industry, please try this quiz to check your knowledge. INCOTERMS – QUIZ
Explaind about EXW(Ex-Works) for Logistics. Advantage and Disadvantage from Exporters’ and Importers’ point of View.
This time, let’s look at Ex-works. We will go through the advantages and disadvantages from a seller and a buyer’s perspective. You can minimize both seller’s and buyer’s trading troubles, by understanding INCOTERMS correctly. So, it’s important for you to understand. Let’s take a look! Explanation of EXW by Animation Video What is INCOTERMS? Ex-works […]
This time, let’s have a look at FOB from an exporter’s and an importer’s point. For example, if we, an experienced trading company are importing, we will use FOB for countries which have regular trade business arrangements. CFR is used by countries who do not have a regular trade business arrangement. It is very important […]
Explained about the difference Freight Prepaid and Collect. B/L and AWB shows Prepaid & Collect based on Incoterms of the trade.
There are varieties of special words and terms for Trade. For this time, we will explain to you the special words “Prepaid” and “Collect”. Actually, I could not understand those words for sure when I started to work in Global Logistics. I was feeling like that… I think that the other people not only me […]
Explained about “Incoterms” with illustration. EXW, FOB, CFR, CIF, DDU, DDP – Most common trade terms.
What is the first task to remember the Trade Words? It might be thought that it is “Incoterms”. There are 11 kinds of Incoterms with abbreviated 3 English alphabetical letters such as CFR, EXW and so on. But don’t worry! Honestly, it is all OK to remember only 6 Incoterms out of 11 which are […]