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 

Example Slides for scenarios

Learning Guides – downloadable resources

Subscribe to Our Newsletter – for a weekly round-up of the latest resources, a review of the trade news headlines and important regulatory updates.