Which Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place and should ensure that the goods have at least minimal insurance cover until this point. Again, the buyer is responsible for ensuring these goods reach their named destination from here.

• A.CPT - Carriage Paid To
• B.FCA - Free Career
• C.EXW - Ex Works
• D.CIP - Carriage and Insurance Paid to

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Research the ethical standard or accreditations of an industry with which you are familiar

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What are the definition of a new buy and a modified re-buy?

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What are advantages and disadvantages of the two types of specifications?

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Describe two negative factors associated with ordering excess inventory.

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