December 2006
Intermediate to advanced
464 pages
8h 29m
English
book
Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
by Thomas A. Cook
Content preview from Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
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Ex works (EXW) from factory: The buyer accepts goods
at the point of origin and assumes all responsibility for
transportation of the goods sold. Also: Ex Warehouse, Ex
Mine, Ex Factory as defined in INCO Terms.
Fair trade: A concept of international trade in which some
barriers are tolerable as long as they are equitable. When
barriers are eliminated, there should be reciprocal action
by all parties.
Force majeure: Expressed as “acts of God.” Conditions
found in some marine contracts exempting certain par-
ties from liability for occurrences out of their control,
such as earthquakes and floods.
Foreign Corrupt Practices Act of 1977: U.S. legislation
with stringent antibribery provisions and guidelines for
record keeping and internal accounting control require- ...
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