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What is the favorite incoterms for you when you decide to place an international order? For me I prefer C&F.

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Question ajoutée par Tarik Al Akkari , Supply Chain Manager , Al‐Badia Cement ( JSC )
Date de publication: 2013/08/27
Ahmad Ataya
par Ahmad Ataya , Purchasing Manager and Materials Control , Drake and Scull International

Contract terms accepted in International Trade :

1- Fas free Alongside Ship

2-Fob Free on Board

3- C & F Cost and Freight

4-CIF Cost Insurance Freight

The fav.ourit form me which one will be applicable of trade ,Materials select and get the benefit and profit.

amer jayyousi
par amer jayyousi , Business Development Consultant , freelance

if it is from a third world country i would preferre cif a long with sgs,or veritas inspection.

if it is from europe ,if it is fcl i would usually accept fob. LCL i like ex works. my forwarder will take care of it.this way i can order the amount of goods i need with no pressure.

usa i always get fob.

Mahmoud Yaseen Alhusayni
par Mahmoud Yaseen Alhusayni , Executive Director-Technical Office , High Authority for Tender Control

There are a lot of factors which control your choic of incoterm which have to be vizualized before taking the decision. Usually the seller will add up the various costs you requested to the product including a margin above and over. As such, I have the the advantage of getting some of the services/risks done by others without affecting the delivery schedule I would go for it since it will result in some savings in time/money i.e. if I have very good rates for shipping, insurances, internal transport...Etc. Once this analysis is done I will decide on the required method before launching the bid and state my choice in the tender document. If no advantage exist I would go for DDP.   

K K Abdul Basheer Supply Chain and Procurement Manager
par K K Abdul Basheer Supply Chain and Procurement Manager , Supply Chain and Procurement Manager , Al Ahli Plastics Industries

The shipment terms will be finalised based on the commodity  and terms will be added in Supplier agreement.

 

Low risk products: Get quotation FOB , we can reduce the logistics  cost  

Utilisateur supprimé
par Utilisateur supprimé

DDP or DAP because in this case the exportor will be responsible of the operation from packaging untill delivery including shippement and customs clearence 

Utilisateur supprimé
par Utilisateur supprimé

I would prefer FOB as I will have much reduced pricevon shipping. Supplier for sure shall add his margin over that too.

Also we have control and track of thr shipment and possibly a rapo with the shipper.

Junvie Silva
par Junvie Silva , Senior Quantity Surveyor MEP (Contracts and Claims) , Al Muhaidib Contracting Co.

<p>DDP!</p>

Viorel Dumitrache
par Viorel Dumitrache , general manager , BETA

Talking about international trade, it's a matter of accuracy. I mean, in case transport is terrestrial (truck or railway) it's quite easy to estimate transport fees, therefore supplier can offer a CIF, CIP or C&F price. In the same time, buyer has usually enough knowledge about unloading and customs costs. In case transport is maritime, such prices are more difficult to estimate and a discussion between buyer and seller is recommended, because the mutual goal is to minimize transportation costs. It may happen that buyer has a very good relationship with a shipping company and gets good conditions may be obtained. In such case, FOB should be preferred. I would not recommend FAS, unless buyer has a trustworhy agent in the port of loading. As a matter of comfort, both buyer and seller should deal with the cost and other issues that are born on their territory. It is also important to specify in the contract whether condition is FIFO, LIFO, etc, that meaning the exact extent of obligations are known.

Usually, seller will avoid an offer DDP, based on the comfort criteria above mentioned.

 

Nitinkumar Rahangdale
par Nitinkumar Rahangdale , Procurement Engineer , Sunflag Iron & Steel Co

CIF is best incoterms because buyer has a safe deal that covers insurance till our final destination in terms of weight,quality issues,etc.
If all means of transport involves i.e.
sea, rail & road movement then detention period on Ports, ICD's plays a vital role to secure our extra transportation cost during traffic congetion at ports, availability of rail wagons at port and trailors at ICD for container movement.
Further we get sufficient time to make duty charges and custom clearance dcuments.
Force Majure point needs to be considered all the time because we never know problems often comes when we are in urgent need of material.

Mohamed Hassan
par Mohamed Hassan , foreign purchasing specialist , Badr Petroleum Company

I think the favorite Incoterms is DDU as Amira Hosney said before me.
Simply the supplier bear all responsibility.
But it depends especially when the incoterms become the preferential factor between the supplier in the commercial evaluation, in such case you must look to the prices and judge.

Jerry Rimawo
par Jerry Rimawo , Operations and Project Manager , Road Load Logistics P/L, Car Carrier Services

I would prefer CIF, i.e. Cost Insurance and Freight. It would at face value appear to be expensive, but in the case of an eventuality, I would be well covered and guaranteed of receiving my product in good condition.

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