Tag: buyers

New Perspective: How a Delayed Payment Can Be Useful

New Perspective: How a Delayed Payment Can Be Useful

In a new perspective, delaying payments among the big companies up to 120 days (as opposed to 30 to 60) becomes a preferred financial strategy so to speak despite the approach brings some undue stress to the suppliers, where most of them are small to medium-sized companies. Does the move proved to be effective for both parties?

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The Top And Common Incoterms Used Around The World

The Top And Common Incoterms Used Around The World

Which common Incoterms used frequently around the world? Referring to the latest version of Incoterms, there are 11 different sets of trade codes that you can use, with each of them have their own distinct procedures, risks, and ‘who pays what’ that you can use as part of your decision making process, when exporting or importing products.

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