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CFR – Cost and Freight
Seller must pay the costs and freight to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the vessel. Insurance for the goods is NOT included. This term is formerly known as CNF (C&F). Maritime transport only.
CIF – Cost, Insurance and Freight
Seller must pay the costs, insurance and freight to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the vessel. Maritime transport only.
A product distribution method, when the seller of the product doesn't own the inventory, but takes the orders for the product. Retail customers receive the order directly from the manufacturer/distributor as if it was shipped by the seller who took the order.
To sell and ship products out of the country.
FOB – Free on Board
The seller pays for transportation of goods to the port of shipment, loading cost. The buyer pays cost of marine freight transportation, insurance, uploading and transportation cost from the arrival port to destination. The passing of risk occurs when the goods pass the ship's rail at port of shipment. The seller must load the goods on board the vessel nominated by the buyer. Cost and risk are divided when the goods are actually on board of the vessel. The seller must clear the goods for export. The term is applicable for maritime and inland waterway transport only but NOT for multi-modal sea transport in containers. The buyer must instruct the seller the details of the vessel and the port where the goods are to be loaded, and there is no reference to, or provision for, the use of a carrier or forwarder.
Sell buy and bring the products into the country.
Amount of time it will take you to ship the order
Original Equipment Manufacturer. 1. The original definition: a company whose products are used as components in another company's product. The OEM will generally work closely with the company that sells the finished product (often called a "value-added reseller" or VAR) and customize the designs based on the VAR's needs. 2. The more recent definition: a company that buys a product and incorporates or re-brands it into a new product under its own name. (Source: Investopedia) To be short: When a company offers wholesale products as OEM, it means that they take custom manufacturing order.
The sale of products at wholesale prices in bulk or large quantities.
A company that distributes/ships the manufacturer's products to either retailers or to other wholesalers who resell the product or to the retail customers directly (dropshipping).
The cost of goods sold by the manufacturer/wholesaler/distributor. The wholesale price is cheaper than the retail price of the product.
- Video Chat For Discussions
- Use The Escrow Service For Wholesale Transactions
- Payment Systems for Wholesale Suppliers
- New Features Being Added
- Product Lead Time
- Search Products by Region or Country
- Contact Wholesale Suppliers