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You are employed at an import company ( Seneca Ornament Inc. ) negotiating a purchase for 2 FCL quantity of decorative ornaments with a prospective
You are employed at an import company Seneca Ornament Inc. negotiating a purchase for FCL quantity of decorative ornaments with a prospective seller Home Decor Inc. in Belgium. You are still considering the terms under which you would like to purchase and have requested some options from the seller supplier
Shipping DetailsRouting:
The goods decorative ornaments will be loaded into full ocean containers at Home Dcors warehouse in Brussels and will be picked up by Bear Trucking and delivered to the port of Antwerp.
From there, the containers will clear export customs and be loaded on the ship Toronto Express for ocean voyage to the Port of Montreal.
From the Port of Montreal, the goods will go by rail to CN Intermodal Terminal Vancouver where they will clear import customs.
Once cleared, Bison Trucking will pick up from there and deliver the containers to Seneca Inc. in Richmond, BC
As part of the negotiation process, you are considering different options and need to identify the most suitable incoterm, location, and associated purchase priceSellers quote breakdown of charges below under each of the given circumstances outlined.
You need to show the total cost price from the sellers perspective. Pick only incoterm per question.
Sellers Cost List: $ CAD
Export Packaging per FCL
Loading of Containers at Home Dcor Inc per FCL
Marine Insurance per FCL
Import Clearance including Duties & Taxes per FCL
Trucking from CN Vancouver to Seneca Ornament Inc per FCL
Unloading at Seneca Ornament Inc per FCL
Export Clearance per FCL
Rail from Montreal to CN Intermodal Vancouver incl unloading per FCL
Ocean Freight per FCL
Unloading from Ship in Montreal per FCL
Trucking to Port of Antwerp per FCL
Loading on Ship in Antwerp per FCL
Product Decorative ornaments per FCL
You buyer want the seller to deliver the goods insured to CN Vancouver, but you will accept all risks as soon as the goods are loaded and handed over to Bear Trucking.
Incoterm:
Location:
Price:
You buyer want the seller to deliver the goods to the Port of Montreal. You accept risk when the goods are picked up by Bear Trucking and arrange your own insurance.
Incoterm:
Location:
Price:
You buyer secured a great ocean freight rate. You want the seller to load the goods into containers. You will accept risk for the goods once Bear Trucking picks up the containers and you will make all arrangements to bring them to Seneca Ornament Inc.
Incoterm:
Location:
Price:
You buyer have never imported products into Canada. You want the seller to deliver the goods to your warehouse and clear customs in Canada. You will offload the goods from the containers once they are delivered to your warehouse.
Incoterm:
Location:
Price:
You buyer want the goods delivered unloaded from the ship in Montreal. At that point you will take risk and make all arrangements and pay duties and taxes to CBSA.
Incoterm:
Location:
Price:
You buyer want the seller to deliver goods to CN Vancouver. From there, you will assume all costs and risk to bring containers to Seneca Ornament Inc.
Incoterm:
Location:
Price:
You buyer prefer to use your own freight forwarder to arrange the main transportation. You want the seller to load the containers and deliver them to the port of Antwerp. You will look after the rest of the transportation to Seneca Ornament Inc.
Incoterm:
Location:
Price:
You buyer want the goods delivered to Seneca Ornament Inc. Your customs broker will handle import clearance in Canada, and you will take responsibility of offloading the goods at your warehouse.
Incoterm:
Location:
Price:
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