Many companies want to benefit from low-cost manufacturing in China. However, they sometimes forget to factor in the costs of logistics. In some cases, the costs of logistics from China to the importer’s destination can even be higher than the price of products!
There are several basics about logistics from China that every importer needs to know:
- Inco-terms
- Break-down of quotations from freight forwarders
- Division of logistic fees between buyer and seller
- Industry jargon
In the Full Article on QualityInspection.org, these basics are explained in detail. Moreover, useful tips are given for comparing logistics quotations, identify manipulated logistics quotations and best practices for importers when deciding upon an Inco-term.
