Optimizing Incoterms® & Payment Terms
Jun 05, 2019•26 min•Ep. 31
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Episode description
Incoterms® (trade terms that define buyer and seller responsibilities) and payment terms (conditions for completing a sale, ie payment due in 30 days) can be negotiated and coordinated to help you make the most of your international trade arrangements. Our guest, Larry Millington of Vibracoustic, gives us an overview of this topic, and real-life examples to help optimize the relationship between Incoterms® and payment terms.
Helpful Resources / Show Notes:
Incoterms® 2010 Reference Chart
Example Slides for scenarios
Learning Guides – downloadable resources
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