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Logistics Logistics provisions |
Incoterms
Incoterms are the standard terms of sale used when selling to overseas companies in terms of defining who is responsible for the relevant costs during the shipping process between Buyer and Seller.
They have been divided into four main classes E, F, C and D with responsibility gradually passing from Buyer to Seller as you go through the classes.
Classes F, C and D are subdivided even further. In total there are 13 different categories of classification. These trade terms have been adopted by most countries around the world. These are not exclusive though as it is possible to use terms with additional restrictions or specific changes.
We have produced a more detailed document regarding the topic which is are free to download. The guide is in Adobe PDF format and require Adobe Reader to be installed, please use the link below:
They have been divided into four main classes E, F, C and D with responsibility gradually passing from Buyer to Seller as you go through the classes.
Classes F, C and D are subdivided even further. In total there are 13 different categories of classification. These trade terms have been adopted by most countries around the world. These are not exclusive though as it is possible to use terms with additional restrictions or specific changes.
We have produced a more detailed document regarding the topic which is are free to download. The guide is in Adobe PDF format and require Adobe Reader to be installed, please use the link below:
