What incoterm is being discussed

Assignment Help Supply Chain Management

Reference no: EM133420114

Case Study: You are a recent grad form the International Business Management program and have recently been hired by BOB (Bringing Our Best) Enterprises Inc. Bob is a wholesaler, an importer and exporter of various types of consumer goods. The owner of BOB's was impressed by your knowledge, especially from your Global Value Chain course. They want some help in the logistics of their business, as they believe they have lost some suppliers due to their logistic demands. He states "I buy my goods the same ways with each of my suppliers, so I know how to get the best prices".

He reveals his method; the supplier will be paid half the invoice value when the product arrives at the departure ocean terminal and the other half when the product arrives at destination. The invoice value includes all transportation costs and risks to the place of destination unloaded.

Question: What INCOTERM is being discussed? Based on the INCOTERM, whose country is the freight in when the buyer takes responsibility (not risks) for the movement of the freight?

Reference no: EM133420114

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