Quotations

The Mellinger Co -Import Export - International Trade Leads- Business Opportunity

19 May 2013


International Traders Support

Support Center » Knowledgebase » The World Trade Mail Order Plan » Quotations

Login

[Lost Password]

Search

Article Options

	Quotations

Solution Your Mellinger World Trade Plan gives a complete discussion about C.I.F., F.O.B. or C. & F. quotations. Study them carefully. Beginners favor C.I.F. quotations because it relieves them from effort of estimating costs of insurance and freight when computing their landed cost on a product to be imported. However, this may not be the best quotation to produce the lowest possible landed cost. The foreign supplier, when quoting C.I.F., must add the cost of insurance and freight. Naturally before the occurrence of the shipment, these two elements must be estimated. In order to insure the estimate is not too low, a cushion will be added for insurance and freight which results in raising them. Best, request your quotation F.O.B. Your Customs Broker can direct you to an insurance source and take care of paying the freight collect shipment. This should save you money.

Article Details

Article ID:

Created On:

15 Oct 2005 12:36 AM

This answer was helpful

This answer was not helpful

Back