Sunday, December 25, 2011

International Trade Incoterms



When one tries to understand the global logistics processes, she has also to be familiar with the ICC (International Chamber of Commerce)'s incoterms condition. For a brief understanding, we can find sufficient information from the wikipedia (the English page is more up to date, but the Dutch page has a nice descriptive picture). "Incoterms (International Commercial terms), a series of three-letter trade terms related to common sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs and risks associated with the transportation and delivery of goods (wikipedia)"


 Incoterms (wikipedia.nl) 


Have a nice holiday then.. :)


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