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Tag: incoterms

Tactical procurement

Why Buyers Typically Avoid Ex Works

Why Buyers Typically Avoid Ex Works and a Preferred Alternative In the intricate dance of international trade, the choice of delivery terms can significantly impact both the cost and risk borne by the parties involved. One such term that often comes under scrutiny, particularly from the buyer’s side, is ‘Ex Works’ (EXW). In this post,…

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Tactical procurement

Delivery terms not found in Incoterms

In the world of global trade, clarity in shipping and delivery terms is of paramount importance. While Incoterms are the gold standard for this purpose, businesses often come across other terms in their dealings. In this blog post, we’ll explore ten such delivery terms not found in Incoterms and suggest the most closely aligned Incoterm…

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