Optimizing Incoterms® & Payment Terms

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

Incoterms® Explained Podcast

Optimizing Incoterms© & Payment Terms Examples (Slides)

Learning Guides – downloadable resources

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