INCOTERMS is very important those who doing business in internationally. Incoterms were first developed by ICC (International Chamber of Commerce) in Paris France. Incoterms was first developed in 1939. It defines the trade contract, responsibilities and liabilities between buyer and seller. It is invaluable and cost saving tool. The importer and exporter need not go under lengthy negotiation about a condition of each transaction after that revised version published in 2000 and 2002.
INCOTERMS are a set of three-letter standard trade terms used worldwide in international and domestic contracts for the sale of goods. Learn their definitions and how they are used. AFC International can help you import your goods bound for the U.S. quick and easy. Visit http://www.afcinternationalllc.com/ to get started.
INCOTERMS are a set of three-letter standard trade terms used worldwide in international and domestic contracts for the sale of goods. Learn their definitions and how they are used. AFC International can help you import your goods bound for the U.S. quick and easy. Visit http://www.afcinternationalllc.com/ to get started.
In this installment in Trade Risk Guaranty's webinar series, we are joined by one of our marine cargo insurance experts to discuss an introduction to incoterms for United States importers.
The following topics are covered in detail:
- What are Incoterms?
- The 5 Most Common Incoterms
- Identifying Your Incoterms
- Advice from an Expert
DOWNLOAD A FULL INCOTERMS EBOOK: http://bit.ly/2HXGbUD
Watch the full webinar here: https://youtu.be/IZC5NgukKio
This presentation summarises some practical aspects of Incoterms 2010.
It was given at a PricewaterhouseCoopers and Irish Exporters Association customs and trade seminar held in Cork, Ireland on 23 February 2011.
COMPARATIVE STUDY OF VARIOUS INCOTERMS USED IN SALE-PURCHASE CONTRACTS [MAY 2...Fahad Mahmud Mirza
INCOTERMS (International Commercial Terms) are the Trade terms, published by the International Chamber of Commerce (ICC). These terms are commonly used in international contracts and are of the principle to lay down the rules to characterize the role and the compulsions (both financial and legal responsibilities) between the Sellers and the Buyers, involved in an international commercial transaction involving carriage of merchandise, globally from one place to another. The paper discusses the proportional responsibilities and liable obligations on the Seller and the Buyer under INCOTERMS groups and statements, and how effective the terms can play their role on making the trade communication of legalities easier.
INCOTERMS And CISG, (CONTRACT FOR THE INTERNATIONAL SALE OF GOODS)
LAW8118-INTERNATIONAL BUSINESS LAW
Examines the impact of the law on the enterprises that conduct international business and on particular transactions entered into by such enterprises. The law concerning the formation and some other aspects of international sales contracts especially pursuant to the CISG as well as the law relating to the international transport of goods by sea and international payments (documentary credits) will be examined. The course will also explore selected legal aspects of one particular regional grouping (namely the European Union). In addition, a study will be made of the law concerning some of the methods by which private international legal disputes are resolved with the focus being on international commercial arbitration.
In this installment in Trade Risk Guaranty's webinar series, we are joined by one of our marine cargo insurance experts to discuss an introduction to incoterms for United States importers.
The following topics are covered in detail:
- What are Incoterms?
- The 5 Most Common Incoterms
- Identifying Your Incoterms
- Advice from an Expert
DOWNLOAD A FULL INCOTERMS EBOOK: http://bit.ly/2HXGbUD
Watch the full webinar here: https://youtu.be/IZC5NgukKio
This presentation summarises some practical aspects of Incoterms 2010.
It was given at a PricewaterhouseCoopers and Irish Exporters Association customs and trade seminar held in Cork, Ireland on 23 February 2011.
COMPARATIVE STUDY OF VARIOUS INCOTERMS USED IN SALE-PURCHASE CONTRACTS [MAY 2...Fahad Mahmud Mirza
INCOTERMS (International Commercial Terms) are the Trade terms, published by the International Chamber of Commerce (ICC). These terms are commonly used in international contracts and are of the principle to lay down the rules to characterize the role and the compulsions (both financial and legal responsibilities) between the Sellers and the Buyers, involved in an international commercial transaction involving carriage of merchandise, globally from one place to another. The paper discusses the proportional responsibilities and liable obligations on the Seller and the Buyer under INCOTERMS groups and statements, and how effective the terms can play their role on making the trade communication of legalities easier.
INCOTERMS And CISG, (CONTRACT FOR THE INTERNATIONAL SALE OF GOODS)
LAW8118-INTERNATIONAL BUSINESS LAW
Examines the impact of the law on the enterprises that conduct international business and on particular transactions entered into by such enterprises. The law concerning the formation and some other aspects of international sales contracts especially pursuant to the CISG as well as the law relating to the international transport of goods by sea and international payments (documentary credits) will be examined. The course will also explore selected legal aspects of one particular regional grouping (namely the European Union). In addition, a study will be made of the law concerning some of the methods by which private international legal disputes are resolved with the focus being on international commercial arbitration.
The Incoterms, those rules that define the responsibilities of the buyer and seller in transportation of goods, will be updated in 2020, so some possible changes are expected.
An in-depth presentation about International Commercial Terms that helps you understand this trade standard with the aid of intuitive pictures, charts and graphical interpretations.
Internship report on concepts of modern merchandising tools and techniques in...Muhammad Rahat
Ready-made garments are fast growing export sector in Bangladesh. The overall impact of ready-made garments export is certainly one of the most substantial social and economic developments in present Bangladesh. In order to pretend rapid growth of the country, particularly through industrialization, the government has implemented an open entry policy to attract overseas investment in Bangladesh. As results there are about 2500 export focused on readymade garments exists in Bangladesh.
For some recent consecutive accident in our garments sector is negatively impact on our apparel sector. For that reason, compliance issued came in front. In recent days the word compliance in ready – made garments sector have the experience that the customers are giving so many conditions to comply by the manufacturer, In the past whatever buyers came to the factory to place order they used to see the quality of the garments that are being procedure in the factory. But now the ultimate customers in the western world have become more cautious and want to know the origin of the apparels. And in the garments sector one of the most important task is merchandising.
Merchandising is one of the important works in garments sector. In every garment merchandiser job is every essential. In this job the employer need to have hard working mind, substantial power, prompt intelligence, great observation, tolerance etc. Without merchandiser no garments can run efficiently.
For every garment buyer is the heart of their business. For this reason, buyer satisfaction is most vital for a garment. Buyer means the persons or organizations who buy the products from any organization. In garments sector of Bangladesh buyer means especially foreign buyer who buy products from our garments. And this satisfaction ensuring duty performs by the merchandiser. The first task of the merchandiser is to bring foreign buyer to buy the product through effective communication. At the time of giving order if buyer satisfied with the help of merchandiser then they will come again. Buyers another condition is delivery the products in right time. Merchandiser take care this challenge seriously. Because if buyers do not get products in right time then they will not give the order again to that garments. So merchandisers are handling and caring all kinds of work from receiving order to delivering products to buyers and always wants to please them because garments or garments sector’s development depends on buyer’s satisfaction.
I have selected ready-made garments industry to do my internship because I wanted to obtain knowledge about the merchandising activities. Recently I work in Woolen & Wool Ltd. “Woolen
Import financing is a vital requirement of the import firms for smooth handling of operations. Commercial banks of all types are involved in various degrees of import financing based on their availability of foreign exchange and attitude towards risks. Various firms of import financing programs can be availed by the import firms subject to their credit worthiness and bank-client relationship. Bangladesh has to make more import payments to the Asian overseas suppliers than those of suppliers from other developed countries. Import financing problems are found to vary from the bank and client's point of view. Clearly, well-thought policy measures can help the financially unsound import firms to utilize the available import financing facilities in Bangladesh.There exist some inhibiting factors of import financing both for the commercial banks and import firms dealing with such banks. These bottlenecks hinder the smooth functioning of the import firms to perform import operations. It is true that many import firms become discouraged in import trade due to these impediments. The problem of import financing in Bangladesh discussed from the above two perspective. Import financing accounts for the lion's share of a country's foreign trade financing. It needs to be made available by banks on easy terms and conditions to facilitate the smooth import operations in a country. Each import deal has huge amount of financial involvement, which many import firms cannot afford to arrange from their own or institutional fund. This is why, they are to rely heavily on banks or other financial institutions for the supply of import finance.
Behavioral Theories of Leadership
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Study on garments Buyeing house merchandising. Muhammad Rahat
The project is on “STUDY ON GARMENTS BUYING HOUSE MERCHANDISING” .This report emphasizes and illustrates on working procedure of buying house and buying house merchandiser. It is known to all, that buying house playing an important role in our RMG sector, as a huge amount of order is coming into our country through buying house.
In this paper we discussed the main functions of buying house.And we discusseed a specific buying house which is “ADIBA TEX ( BUYING HOUSE)”. Their working procedures are also included here.
We also discussed about their merchandising process, responsibilities of merchandiser, work flow of merchandiser as merchandiser execute the order, method and way of communication to their buyer and their foreigion buyer.The qualities of merchandiser, the papers handled by merchandiser, the area of merchandiser all are included here. Some tables, figures are added for creating practical sense.
Role of Buying House in RMG sector
RMG sector is the major Foreign Currency earning sector of Bangladesh. Its foreign earning share is about 75%. Garment industry can be classified in different perspective but mainly there are three types of garment industry in RMG sector based on technology and raw materials used in the industry are as follows. The RMG sector rapidly attained high importance in terms of employment, investment; foreign exchange earnings and its contribution to GDP In the initial stage Importer organization/country directly invest in our country by itself or with our local investors. The first garment factory in Bangladesh was set
up in the late 70s, named Reaz garment Industry, played a pioneer role by exporting ten thousand pieces of shirt to France. Now we’re having 4500 garment industry in Bangladesh. At present RMG units in Bangladesh is employing 2.4 million of people and more than 2 million are working indirectly surrounding the industry any about 80% workers are female. Bangladesh has so far exports apparels to almost 85 countries but USA is the largest market. At that time they directly place orders and execute all the procedure. For this contribute the buying house was played an important role. “ADIBA TEX ( BUYING HOUSE)” is one of them.
Production Process of fully fashioned knitwear manufacturing.Muhammad Rahat
Fully fashioning is a method of shaping knitted structure by increasing or decreasing the number of Wales or needles. Fully fashioned knitwear is manufactured through knitting the whole structure.
The readymade garments (RMG) sector in Bangladesh is an important sector of the nation's economy that gives employment to about 1.5 million workers and earns about 86% of total foreign exchange. Considering the vital contribution of the garment industry. There are about 4500 garments & 1000 Buying house in Bangladesh. Bangladeshi garments needs thousands of technically competent human resources. RMG search qualified person & BUFT & SMUCT ready to provide qualified person. BUFT & SMUCT trainers are successful in their professional life and many of the holding important position in the RMG sector; many are pursuing their career abroad. To provide good quality Fashion education. To develop the student ability to apply multi-disciplinary concepts, tools and techniques to solve organizational problems.
E-Recruitment System is an online recruitment solution. Implemented in some of the most reputed and largest organizations. Fully customized application. Designed to suit the needs of the HR department in fulfilling the online recruitment procedure and to fit the corporate image. “e-Recruitment System” is built on the proven expertise of the company in recruitment business domain and web technology.
VDQ pulley (Variable Dia for Quality Pulley): It is a very important part of the machine. It controls the quality of the product. Altering the position of the tension pulley changes the G.S.M. of the fabric.
A smartphone is a mobile phone that presents more advanced computing capabilities and connectivity than the modern characteristic phone.
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Supports full featured Email capabilities with the functionality of a complete Personal Organizer, containing a Calendar, Address Book, a web browser and many more.
Practice of E-Recruitment (Human Resource Management) in RMG Sector.Muhammad Rahat
In recent, years RMG sector is biggest earner of foreign currency in Bangladesh. This sector has experienced an exponential growth since the 1980s. The sector contributes significantly to the GDP. It also provides employment to around 4.2 million Bangladeshis. This has affected the social status of many people coming from low income families. It is the only multi-billion-dollar manufacturing and export industry in Bangladesh. The country’s garments industry grew by more than 15 percent per annum on average during last 15 years. On the other hand, the term “Human resource” is a broad concept. Its meaning is the management of an organization's employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of organizational goals. The Bangladesh RMG sector appointed a qualified person in this sector. They are recruiting in different reliable source. Many of Bangladeshi E-Recruitment agencies provide a qualified person.
The internet, which reaches a large number of people and can get immediate feedback has become the major source of potential job candidates and well known as online recruitment or E-recruitment. However, it may generate many unqualified candidates and may not increase the diversity and mix of employees.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
How to Create Map Views in the Odoo 17 ERPCeline George
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New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Palestine last event orientationfvgnh .pptxRaedMohamed3
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
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Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
1.4 modern child centered education - mahatma gandhi-2.pptx
Incoterms of international business
1. Incoterms of International Business
IN – International
Co – Commercial
Terms – Terminology
INCOTERMS is very important those who doing business in internationally. Incoterms were first
developed by ICC (International Chamber of Commerce) in Paris France. Incoterms was first
developed in 1939. It defines the trade contract, responsibilities and liabilities between buyer and
seller. It is invaluable and cost saving tool. The importer and exporter need not go under lengthy
negotiation about a condition of each transaction after that revised version published in 2000 and
2002.
Terms of International Trade.
1. FOB – Free on Board
2. CFR – Cost and Freight
3. C&F – Clearing and Forwarding
4. CIF – Cost Insurance and Freight
5. CM – Cost of Manufacturing
6. CMT – Cost of Manufacturing and Trim
7. FCL – Full Container Load.
8. LCL – Less Container Load.
9. DAT – Delivery and Terminal.
10. DAP – Delivery and Port.
11. CFS – Container Freight Station.
12. FOA – Free on Air
13. DDU – Delivery Duty Unpaid.
14. POD – Port of Discharge.
15. POD – Proof of Delivery.
16. POL – Port of Landing.
17. POL – Port of Loading.
18. ETA – Estimate Time of Arrival.
19. ETD – Estimate Time of Departure.
20. GSP – Generalized System of Preferences.
21. MAWB – Master Air Way Bill.
22. HAWB – House Air Way Bill.
23. FFU – Forty Fit Equivalent
24. TFU – Twenty Fit Equivalent
25. PC – Pont Cash.
26. CO – Country of Origin
27. GOH – Garments on Hanger.