I think we are doing it right, here in Illinois because the SHIPping co.
backs their SHIPping container (truck) up to our loadingDOCK and we take the
guardRAIL down and transfer the goods onboard the SHIPping container at
which time they are FREE to deport our loading DOCK.
Marc Durre
Durre Bros
----Original Message-----
From: Keith . Mailloux [mailto:kmailloux@...]
Sent: Wednesday, September 13, 2000 9:28 AM
To: 'vantage@egroups.com'
Subject: RE: [Vantage] FOB Survey Question - Please respond direct to
Mpl adson@epicor.c om
Mark,
We would like the use of a seperate table with records selected via drop
down but request a change to reflect proper use of this field. I suggest
Epicor review the proper terminology of transfer/ownership terms. The term
FOB is improperly used by most all American companies. There is no such
thing as FOB terms, trade terms are defined internationally by the ICC
International Chamber of Commerce. These terms are referred to as Incoterms.
The terms specified on a sales order form a contractual obligation on the
terms of sale and should be reviewed carefully.
FOB for instance is a term which would only be specified should ownership
transfer at a ship's rail. Shipping "FOB factory" implies you have a ship in
your factory. While we are located in RI, we do not have such a condition.
Ideally two fields are required, one a drop down box which offers the
Incoterms and a second field which could be filled in to show the physical
location where transfer takes place.
Example: Exworks Philadelphia
FAS New York
DDU Tokyo
I suggest that prior to making any changes, someone review the ICC Incoterms
and promote proper use and application of these terms. There are 13
different terms the ICC recognizes. It may save someone legal fees
regarding transfer of title.
You can find a great handbook on this from ICC Publishing at
www.iccbooks.com called Incoterms 2000.
Hope this is useful.
Keith
backs their SHIPping container (truck) up to our loadingDOCK and we take the
guardRAIL down and transfer the goods onboard the SHIPping container at
which time they are FREE to deport our loading DOCK.
Marc Durre
Durre Bros
----Original Message-----
From: Keith . Mailloux [mailto:kmailloux@...]
Sent: Wednesday, September 13, 2000 9:28 AM
To: 'vantage@egroups.com'
Subject: RE: [Vantage] FOB Survey Question - Please respond direct to
Mpl adson@epicor.c om
Mark,
We would like the use of a seperate table with records selected via drop
down but request a change to reflect proper use of this field. I suggest
Epicor review the proper terminology of transfer/ownership terms. The term
FOB is improperly used by most all American companies. There is no such
thing as FOB terms, trade terms are defined internationally by the ICC
International Chamber of Commerce. These terms are referred to as Incoterms.
The terms specified on a sales order form a contractual obligation on the
terms of sale and should be reviewed carefully.
FOB for instance is a term which would only be specified should ownership
transfer at a ship's rail. Shipping "FOB factory" implies you have a ship in
your factory. While we are located in RI, we do not have such a condition.
Ideally two fields are required, one a drop down box which offers the
Incoterms and a second field which could be filled in to show the physical
location where transfer takes place.
Example: Exworks Philadelphia
FAS New York
DDU Tokyo
I suggest that prior to making any changes, someone review the ICC Incoterms
and promote proper use and application of these terms. There are 13
different terms the ICC recognizes. It may save someone legal fees
regarding transfer of title.
You can find a great handbook on this from ICC Publishing at
www.iccbooks.com called Incoterms 2000.
Hope this is useful.
Keith