Category C: where your accountability increases!
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).
Retail
Ex-Works : An Incoterm every seller likes!
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.
The Iconic Cup Noodles
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!
No cost EMI* – Is there free lunch?
Who among us is not lured by ‘that’ ad? “Zero Cost EMI”. When there is no free lunch, do you think there will be free money/capital?
Poojanomics – Creative economy of Durga Pooja
‘Durga Pooja’ in Bengal – is a celebration of life. It is an emotion. The festival is also a major economic powerhouse to the region and provides employment and income to artists, artisans and labourers on various scales.
What is Bullwhip problem?
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?
How much is Available to Promise?
Have you noticed that the expected delivery time vary for the same product in e-commerce sites when you check later?