Incoterms for Manufacturing Orders: EXW, FOB, and DDP Explained
A buyer accepts a supplier’s quote for machined parts “delivered to Chicago,” and the shipment arrives at the airport with a customs bill that no one expected: the supplier quoted EXW pricing, the forwarder added freight, and the buyer now owes duties and clearance fees that were never in the comparison. Incoterms are the three-letter
