Incoterms may be a relatively new concept to many importers and exporters. However, ensuring that you fully understand the Incoterms you agree upon, with your suppliers and buyers, is vital.
The Incoterm you trade on will have a domino effect on your requirements under the sales contract. Subsequently this can lead to potential cash flow issues, disruptions at customs and affect your profit margin.
For help understanding the Incoterms you can watch this useful webinar on the topic, then call our EU Exit Adviser team on 01740 618742 or email eusupport@tffconsultants.co.uk if you have any questions.
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