Whose Problem Is It? Scenario of Incoterms® FCA

Whose Problem Is It? Scenario of Incoterms® FCA

This fun little story provides an opportunity for me to share my handy-dandy Incoterms® Rules mnemonic RePO© (Responsibility, Possession, Ownership), which addresses three critical areas in a supply chain, and helps remind us of a critical lesson about Incoterms® Rules: they don’t address title transfer (ownership): 1. You may be Responsible for goods you neither…