Competitor analysis helps us understand our points of distinction and similarity with our competitors – to develop our own strategy; to address the target segment. But if we are asked… Read More »How to do a simple competitor analysis?
The seller has to deliver the goods at the buyer’s required place. This additional responsibility is accepted when one signs for Category D incoterm.
In Category C, there are 4 incoterms, which are a major part of commonly used commercial terms.The key point in Category C is that – The seller has to pay for the main carrier (ship/air cargo).
The responsibility of seller increases in Category F of the Incoterms, wherein the seller is required to transport the products to the main carrier (i.e. Shipping Terminal, Warehouse, Airport and so).
Being the only Incoterm in E category which is Departure – it serves the best for a seller. The seller has the minimum responsibility and cost in EX-works.
Incoterms 2020 are divided into four categories – E, F, C, D in the order of increasing Seller responsibility. (A&B has been from the new Incoterms 2020).
Most products that is transported across countries passes through 12 critical points in its journey! From the origin country to the destination country these 12 critical points has its own costs.
Cup noodle – An epitome of convenience food!
Cup Noodles which has an indisputable advantage over all convenience foods of getting ready to eat whenever and wherever you need. All you need is a cup of hot water, not a stove or an oven! and this innovative product was not made in a day!
Retailers are expected to know how much of which product they had placed in their stores/e-commerce websites would be sold at a given time frame. Would we be able to take on such an impossible task?
Have you browsed through so many pages in an e-commerce portal and finally decided on the garment you want to buy – just to realise that it is not available in your size? How frustrated would you be? Would you visit the store again in future to check for the availability or order through another portal?