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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In international business, a company cannot contract
out risk in total. However, the gaps can be covered in rela-
tionship building.
MANAGING THE INTERNATIONAL
COMMUNICATION TERMS
One of the most misunderstood foundation issues in for-
eign trade is international communication (INCO Terms).
But it is one of the most important skill sets for supply chain
managers and their staff.
13 INCO Terms
EXW – Ex Works (named place)
FCA – Free Carrier (named place)
FAS – Free Alongside Ship (named place)
FOB – Free On Board (named port of shipment)
CFR – Cost and Freight (named port of destination)
CIF – Cost, Insurance and Freight (named port of destination)
CPT – Carriage ...
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