The logistics of importing products from China
I recently sat down with Bill Tackaberry, CFO at MorphoMFG, to discuss the ins and outs of importing from China.
One especially interesting topic we covered is International Commercial Terms, or Incoterms for short. These are the 3-letter acronyms (FOB, CIF, EXW, etc.) that you will find on supplier quotes, but perhaps not always understand the full meaning of.
In this chat we discuss what Incoterms are, and which ones are especially relevant to someone running a small/mid-sized ecommerce business. As a bonus Bill also gives his thoughts on tariffs and freight insurances.
If you have any desire to launch a physical product I think you will find this conversation golden.