DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
||||||||
Issue |
Volume-3,Issue-12 ( Dec, 2017 ) | |||||||||
Paper Title |
Significance of INCO Terms in Supply Chain Management for Reduction of Procurement Cost | |||||||||
Author Name |
B Vishnu | |||||||||
Affilition |
Pursuing PGDMM from IIMM & CMA-Intermediate, M.E (I.E) & B.E (MPIE) | |||||||||
Pages |
81-93 | |||||||||
Abstract |
This paper is prepared & submitted with an intention to explain the importance of INCO terms 2010 and also play significance role in reduction/optimization of procurement cost for procurement of various materials such capital expenditure items, consumables ( lube oil, HF HSD, HSD, Chemicals, Liquid nitrogen, gases, calibration gases, PPE items etc ), spares (mechanical, electrical, instrumentation), project items ( static & rotary). Further, this paper shall provide details about buyer & seller obligations for import & export of materials and also cost analysis charts for easy understanding of buyer & seller obligation of risk, cost, document submission, custom clearance, loading & unloading, cargo readiness notices, transport document and inspection of goods under various INCO Terms 2010. Keywords -INCO (International Commercial Terms) | |||||||||
| View Paper | ||||||||||
