Know your risk appetite

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mstakh.i.mo.mi
Posts: 518
Joined: Tue Dec 24, 2024 4:33 am

Know your risk appetite

Post by mstakh.i.mo.mi »

Evaluate your alternatives for purchasing insurance and managing your shipment during transportation and the expenses related to it. If you are buying expensive or unique items and are unable to get insurance for them, it is recommended to negotiate as much as you can on FOB shipping point terms.

Evaluate shipping costs
When agreeing to FOB shipping point terms, do not forget to calculate international slovenia phone number list shipping costs and import taxes that you will have to pay to get the shipment to your location.

Negotiate on volume
When you order products in bulk from just one vendor, you have an advantage in negotiating FOB destination terms. The reason is that the seller will incur less shipping cost per unit because of the huge quantity.
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