News

How to save money on INCO terms



July 22, 2024 /

Saving money on Incoterms involves strategically selecting the terms that best align with your logistical capabilities, negotiating effectively with suppliers or buyers, and optimizing your supply chain processes. Here are several strategies to help you save money: 1. Choose the Right Incoterms Evaluate Your Capabilities: Choose Incoterms that match your logistical strengths. If you have a…


What are INCO terms?



July 15, 2024 /

Incoterms (International Commercial Terms) are a set of predefined commercial terms published by the International Chamber of Commerce (ICC). They are widely used in international and domestic trade contracts to define the responsibilities of sellers and buyers for the delivery of goods. The terms outline who is responsible for various costs and risks, such as transportation,…