Which incoterms you use in PO

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Accepted Answer

The incoterms used in PO vary depending on the specific requirements of the transaction.

Common incoterms used in purchase orders include EXW (Ex Works), FOB (Free On Board), CIF (Cost, Insurance, and Freight), and DAP (Delivered at Place).
The choice of incoterms depends on factors such as the buyer's and seller's responsibilities, the mode of transportation, and the location of delivery.
For example, if the buyer wants the goods to be delivered to their own premises, they may use the EXW incoterm.
On the other hand, if the seller is responsible for delivering the goods to a specific port, the FOB incoterm may be used.
It is important to clearly define the incoterms in the purchase order to avoid any misunderstandings or disputes.

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