Topic hub

Sourcing and landed cost

A piece price is not a delivered cost. These guides cover Incoterms, duty, freight, clearance, currency and the cost model that lets you compare suppliers on the same basis.

Guides in this topic, page 3

Sourcing9 min read

Payment terms: TT, LC and open account

The payment term decides who funds the order and who carries the risk of non payment. The cheapest option is not always the one with the lowest bank charge.

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Sourcing10 min read

India vs China for engineered parts

A buyer's comparison of capability, cost, tooling, documentation and trade exposure, written for parts that must be right rather than merely cheap.

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Sourcing9 min read

Currency exposure and quotation validity

A price is only valid on the assumptions behind it. Currency, metal and freight can move before the purchase order is placed, and the contract decides who absorbs the difference.

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Sourcing10 min read

Import duty vs GST vs anti-dumping duty

Three charges appear on an import entry for different reasons. Mixing them up overstates cost, understates cash flow and hides the one charge you may not recover.

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The Qumek dispatch

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