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C&FFO is a shipping term which stands for Cost and Freight Free Out meaning that generally the sellers pay for the shipping charges and the costs of unloading the goods at their destination. The Goods arrived at Mundra in June 2017, but the Buyers failed to make payment prior to arrival.
Procurement technology can also help businesses improve supplier relationships and enhance communication between buyers and suppliers. Insurance: You can also purchase insurance to protect against disruptions in the supply chain. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners.
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