by Ekrem Duman | Jul 23, 2026 | Cost Reduction, Procurement, Supply Chain
⚡ TL;DRCBM means cubic metre, a volume measure used to plan space, consolidate cargo and price freight. Procurement should define the outer shipping dimensions, unit conversion, rounding, stackability, packaging revision, dimensional divisor and evidence so a CBM...
by Ekrem Duman | Jul 23, 2026 | Contract Negotiation, Cost Reduction, Procurement
⚡ TL;DRCASH WITH ORDER means payment is made when the order is placed, before normal delivery or production completion. It is an even earlier funding event than many staged prepayments, so procurement should define order acceptance, price and scope, cancellation,...
by Ekrem Duman | Jul 23, 2026 | Contract Negotiation, Cost Reduction, Procurement
⚡ TL;DRCASH IN ADVANCE requires the buyer to pay before the supplier ships or transfers the goods. It can secure production capacity or a scarce item, but it moves credit and performance risk to the buyer. Procurement should link every advance to supplier...
by Ekrem Duman | Jul 23, 2026 | Contract Negotiation, Cost Reduction, Procurement
⚡ TL;DRCASH AGAINST DOCUMENTS (CAD) links payment to the release of shipping or commercial documents, commonly through a documentary-collection process. Procurement must define the exact documents, bank instructions, payment event, document holder, discrepancy path...
by Ekrem Duman | Jul 23, 2026 | Cost Reduction, Procurement, Supply Chain
⚡ TL;DRCARTAGE is local inland movement, often between a port, terminal, warehouse, plant or city location. Procurement should define the pickup and delivery boundary, equipment, appointment, free time, waiting, chassis, proof of delivery, accessorials and handoff...
by Ekrem Duman | Jul 23, 2026 | Cost Reduction, Procurement, Supply Chain
⚡ TL;DRA CARLOAD RATE prices a rail shipment using a railcar and commodity or service profile rather than an intermodal container rate. Procurement should define the car type, commodity, origin, destination, route, weight band, minimum, accessorials and service...
