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Ex Works (EXW) and Delivered at Place (DAP) are merchandising and shipping terms used in international trade. They determine who takes the logistical responsibility of the delivery of the goods traded. Incoterms define import-export regulations to avoid confusion between the buyer and the seller.
Tags: DAP, DAP vs EXW, EXW
Incoterms or International Commercial Terms define the terms and conditions for any trade. It is published by the International Chamber of Commerce and explains the total trade
Tags: Ex Works, EXW
When you are a part of the global trading community, you will need to know about ‘incoterms’. In common parlance, incoterms are a set of guidelines that define buyers’ and sellers’
Tags: DAP, Delivered at Place
You make a lot of investment in your business goods. However, losing those goods to unfortunate events while transportation might pose a great risk to your business.
Tags: Cargo Insurance
Cargo insurance for shipment is the risk management coverage against loss, theft or damage of goods by fire, natural calamities etc., during transportation by road, rail, water and air.
Tags: Cargo Insurance Importance, Shipment's Cargo Insurance
Although the internet has shrunk the geographical distance between places virtually, it’s yet to do it physically. Therefore transportation of goods from one place
Tags: Cargo Insurance, Types of Cargo Insurance
Dropshipping has been a hot topic for the last few years. In the world of eCommerce, both sellers and manufacturers are reaping the
Tags: dropshipping
Are you looking to boost your supply chain performance? The supply chain is a robust engine of a business. You need to deliver goods
Tags: boost supply chain ROI
What’s the most appropriate form of Freight Shipping? Is it by air, sea, or ground? These questions might sound simple to choose from,
Tags: air freight shipping, Ocean freight shipping
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