by Ekrem Duman | Jul 17, 2026 | Contract Negotiation, Procurement, Sourcing
⚡ TL;DRA COLLECTING BANK acts for the seller’s bank in presenting documents and collecting payment. Procurement should define the collection instruction, document release condition, bank roles, discrepancy path, sanctions checks, financing exposure and evidence...
by Ekrem Duman | Jul 16, 2026 | Procurement, Sourcing, Supply Chain
⚡ TL;DRA blanket bond covers multiple customs transactions under an agreed security structure; it is not a blanket permission to move or release goods. Procurement should define the importer, bond type, amount, surety, broker authority, covered transactions, records,...
by Ekrem Duman | Jul 16, 2026 | Cost Reduction, Procurement, Sourcing
⚡ TL;DRAd valorem duty is calculated as a percentage of a customs value, not simply the supplier invoice. Procurement must provide a defensible transaction-value pack, identify additions such as assists or royalties, test related-party pricing and keep the duty model...
by Ekrem Duman | Jul 15, 2026 | Procurement, Sourcing, Supply Chain
⚡ TL;DRCKD means equipment is supplied as a controlled set of disassembled parts for transport and later assembly. Procurement must buy a complete, traceable system—not a pile of components—by controlling the BOM, revision, packaging, customs data, inspection,...
by Ekrem Duman | Jul 15, 2026 | Contract Negotiation, Procurement, Sourcing
⚡ TL;DRCabotage or coastwise rules can restrict which vessels, flags, operators or routes may carry cargo between ports in the same country. Procurement should screen the legal scope early, validate the performing vessel and flag, document any waiver or exception and...
by Ekrem Duman | Jul 15, 2026 | Cost Reduction, Procurement, Sourcing
⚡ TL;DRAnti-dumping duty is a trade-remedy exposure that can change the economics and compliance of a sourcing decision. Procurement should screen product scope, country, producer, classification and entry route, obtain supplier evidence, model duty scenarios and...
