Agent
From Supply Chain Management Encyclopedia
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Agent is a person or business authorized to act on another's behalf. To understand better the dissimilarities between Agent and Principal (while these dissimilarities are considered as negligible in USA) one could use the following check-list <ref> Auerbach, R. Am I an agent or a distributor? - www.marketnewzealand.com/auerbach -accessed 01/27/2007 </ref>. | Agent is a person or business authorized to act on another's behalf. To understand better the dissimilarities between Agent and Principal (while these dissimilarities are considered as negligible in USA) one could use the following check-list <ref> Auerbach, R. Am I an agent or a distributor? - www.marketnewzealand.com/auerbach -accessed 01/27/2007 </ref>. | ||
+ | |||
+ | ==Summary on Buyer's and Seller's Resposibilities under CFR in Incoterms® 2010== | ||
+ | |||
+ | {| border="1" | ||
+ | | ||align="center" | '''Seller's Responsibilities (in brief)'''|| align="center" | '''Buyer's Responsibilities (in brief)''' | ||
+ | |- | ||
+ | | '''Goods - Payment'''|| | ||
+ | * ''Provide'' the goods, commercial invoice, and other documentation as required by the sales contract. | ||
+ | || | ||
+ | * ''Pay'' for the goods as provided in the sales contract. | ||
+ | |- | ||
+ | | '''Licenses, Security, and Customs Formalities'''|| | ||
+ | * ''Obtain'' at own risk and cost all required [[export licenses]], documents, and authorizations and carry out [[export formalities and procedures]]. | ||
+ | || | ||
+ | * ''Obtain'' any import licenses or authorizations and ''handle'' all import customs formalities. | ||
+ | |- | ||
+ | | '''Carriage''' || | ||
+ | * ''Contract'' or ''procure'' a contract for the carriage of the goods from the point of delivery to the named port of destination. | ||
+ | || | ||
+ | * Buyer has ''no obligation'' '''[2]''' to the seller. | ||
+ | |- | ||
+ | | '''Insurance'''|| | ||
+ | * ''No obligation'' '''[2]''' to provide insurance. | ||
+ | * ''Provide'' information to ''enable'' the buyer to obtain insurance. | ||
+ | || | ||
+ | * Buyer has ''no obligation'' '''[2]''' to the seller. | ||
+ | |- | ||
+ | | '''Delivery - Taking Delivery'''|| | ||
+ | * ''Deliver'' the goods on board the ship at the port of shipment ('''not destination''') | ||
+ | ** or ''procure'' '''[1]''' goods already so delivered within the agreed-upon time. | ||
+ | || | ||
+ | * ''Take'' delivery of the goods at the named port of destination as provided in the contract. | ||
+ | |- | ||
+ | | '''Risk Transfer'''|| | ||
+ | * ''Assume'' all risks of loss or damage to the goods until they have been delivered ''on board the ship'' '''[3]''' at the port of shipment ('''not destination'''), within the agreed-upon time stipulated in the sales contract. | ||
+ | || | ||
+ | * ''Assume'' all risk of loss or damage from the time the goods have been delivered ''on board the ship'' '''[3]''' at the port of shipment ('''not destination'''). | ||
+ | |- | ||
+ | | '''Costs'''|| | ||
+ | * ''Pay'' all costs until the goods have been delivered on board the ship at the port of shipment. | ||
+ | * ''Pay'' all costs of ''loading'' and ''carriage'' to the named port of destination. | ||
+ | * ''Pay'' for costs of unloading '''if''' unloading is included in the contract for main carriage. | ||
+ | * ''Pay'' all costs relating to ''export'', including customs formalities, duties, and taxes, | ||
+ | ** as well as costs required for ''transshipment'' through any country up to the named port of destination. | ||
+ | || | ||
+ | * ''Pay'' any ''additional costs'' for the goods, other than main carriage, once they have been delivered on board the ship at the port of shipment. | ||
+ | * ''Pay'' costs of ''unloading'', [[lighterage]], and [[wharfage]]'' at the port of destination '''unless such costs were to be paid by seller under seller’s contract for carriage'''. | ||
+ | * ''Pay'' all costs relating to ''import formalities, duties, fees, and taxes''. | ||
+ | * ''Pay'' costs of ''onward carriage''. | ||
+ | |- | ||
+ | | '''Notice to the Buyer - Notice to Seller'''|| | ||
+ | * ''Provide'' notice that ''enables'' the buyer to take timely possession of the goods at the named port of destination. | ||
+ | || | ||
+ | * If, according to the sales contract, the buyer is entitled to specify a time for shipping or the point of receiving the shipment at the named port of destination, to ''give'' seller sufficient notice. | ||
+ | |- | ||
+ | | '''Delivery and Transport Documents - [[Proof of Delivery]]'''|| | ||
+ | * ''Provide'' the buyer with a ''transport document'', dated within the period agreed, that allows the buyer to ''claim the goods'' at the named port of destination and (unless otherwise agreed) allows the buyer to ''sell the goods while in transit'' through the transfer of the document or by notification to the sea carrier. | ||
+ | * If a [[negotiable transport document]] is issued, a full set of originals '''[4]''' ''must be given'' to the buyer. | ||
+ | || | ||
+ | * ''Accept'' the seller’s delivery document '''[7]''' if it is in conformity with the [[sales contract]]. | ||
+ | |- | ||
+ | | '''Checking, Packing, Marking - Inspection(s)'''|| | ||
+ | * ''Pay'' all costs associated with checking the quality and quantity of the goods to be in conformity with the [[sales contract]]. | ||
+ | * ''Provide'' pre-shipment inspections as required for export formalities. | ||
+ | * ''Package'' the goods, unless the goods are conventionally sold unpackaged. | ||
+ | * ''Package'' the goods as the seller deems appropriate for transport, unless the buyer has given ''specific requirements'' prior to the finalization of the sales contract. | ||
+ | * ''Provide'' marking appropriate to the packaging. | ||
+ | || | ||
+ | * ''Pay'' for [[pre-shipment inspections]] unless such is required by the country of export. | ||
+ | |- | ||
+ | | '''Other'''|| | ||
+ | * Timely ''provide'' the buyer, at the buyer’s request and cost, ''assistance'' in securing information and documents, including security information, required by the buyer for import and transport of the goods from the named port to the final destination. | ||
+ | * ''Reimburse'' the buyer for buyer’s costs related to securing information and documentation, including security information the seller requires for export formalities, transport, [[security clearance]], and transshipment to the named port of destination. | ||
+ | || | ||
+ | * Timely ''advise'' the seller of any security-related data requirements. | ||
+ | * ''Reimburse'' the seller for seller’s costs related to securing information or documentation, including security information, that the buyer requires for import formalities, security clearance, and transport of the goods to the final destination. | ||
+ | * Timely ''provide'' the seller, at the seller’s request and cost, with any documents and information required for export, transport, and [[security clearance]] of the goods to the named port of destination. | ||
+ | |} | ||
==References== | ==References== |
Revision as of 23:26, 9 July 2012
Russian: Агент
Agent is a person or business authorized to act on another's behalf. To understand better the dissimilarities between Agent and Principal (while these dissimilarities are considered as negligible in USA) one could use the following check-list [1].
Summary on Buyer's and Seller's Resposibilities under CFR in Incoterms® 2010
Seller's Responsibilities (in brief) | Buyer's Responsibilities (in brief) | |
Goods - Payment |
|
|
Licenses, Security, and Customs Formalities |
|
|
Carriage |
|
|
Insurance |
|
|
Delivery - Taking Delivery |
|
|
Risk Transfer |
|
|
Costs |
|
|
Notice to the Buyer - Notice to Seller |
|
|
Delivery and Transport Documents - Proof of Delivery |
|
|
Checking, Packing, Marking - Inspection(s) |
|
|
Other |
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|
References
- ↑ Auerbach, R. Am I an agent or a distributor? - www.marketnewzealand.com/auerbach -accessed 01/27/2007