The International Chamber of Commerce (ICC) provides a set of rules, known as Incoterms, which define the responsibilities of buyers and sellers in international transactions. These rules cover the delivery of goods, associated costs, and risks of transfer from the seller to the purchaser in different locations.
Read MoreThe main issues facing supply out of China currently is the Increasing input costs for manufactured Items of metal, steel and other commodities and the other key input cost that has increased significantly over the course of this pandemic is the cost of sea freight. In this blog post we will address these issues and give an opinion on what is to be expected for the foreseeable future.
Read MoreAt the height of the Covid-19 Pandemic, supply chains were significantly affected. Products destined for every corner of the world had come to a halt at various ports with no way to reach their intended destination. Manufacturing companies throughout the UK and Europe either shut up shop and had staff on furlough or were operating at a significantly reduced capacity.
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