Details of a Supplier
1. Basic Info
1) The supplier name.
2) The supplier code.
3) The contact name using which we can contact.
4) Supplier Type: The type of supplier may be distributor, manufacturer, domestic or international.
5) Parent Location: The company location to which he is a supplier.
6) Print Name/DBA: The name of supplier business and sometimes supplier name and print name can be same.
7) Language used by supplier.
8) Date from since he is a supplier to us.
10) Markup Multiplier: The profit % added to the price of supplier to sell to customers.
1. Basic Info
1) The supplier name.
2) The supplier code.
3) The contact name using which we can contact.
4) Supplier Type: The type of supplier may be distributor, manufacturer, domestic or international.
5) Parent Location: The company location to which he is a supplier.
6) Print Name/DBA: The name of supplier business and sometimes supplier name and print name can be same.
7) Language used by supplier.
8) Date from since he is a supplier to us.
9) Port: The port information through which goods will be sent to us.
10) Markup Multiplier: The profit % added to the price of supplier to sell to customers.
11) Credit Limit: The limit of credit given by the supplier during purchase.
12) Multi-location or single location customer.
2. Contact Information
The contact information include
1) Primary phone and secondary phone
2) Mobile number details for calling
3) Fax number to send some documents
4) Email address for mailing and
5) Website information to know about the supplier.
3. Remit-To-Address
Remit to Address is the location to where payment has to be sent.
Full address with unit number of supplier in the respective building with city, state, zip and country information.
4. Shipping Address
Shipping Address is to send back the goods from where it has come.
5. Account Information
1) Tax Number: The tax is the Employer Identification Number of supplier used for tax payment to know his tax details.
2) Currency: The currency information used by supplier to make payment.
3) Payment Terms: Payment terms include at what basis we have to make a payment.
Net 30: Payment after 30 days of invoice.
Net 60: Payment after 60 days of invoice.
Net Monthly Payment: Payment has to be made for every end of month after the date of invoice.
Cash on Delivery: Cash payment after delivery has made.
21 MFI: 21st of every month following the date of invoice.
Cash Next Delivery: Payment has to be made after delivery has received.
Cash Before Shipment: The payment is made before shipment has done.
Cash In Advance: The payment is made in advance of shipment.
1MD: Monthly credit payment for the full month's supply.
2MD: Payment for every two for every month's supply.
Stage Payment: Payment is made at some stages based on agreement.
Free Carrier (FCA): The seller is obligated to handover the goods, cleared for export, into the charge of carrier named by buyer at specified point or location.
Carriage Paid To(CPT): The seller pays the freight charges for carriage of goods to the named destination. The risk of loss after the delivery of goods is transferred to carrier transferring from buyer to seller.
Carriage and Insurance Paid To: The seller pays the freight charges for carriage of goods to the named destination and also has responsibility to obtain insurance against the risk of buyer for loss or damage of goods. The risk of loss after the delivery of goods is transferred to carrier transferring from buyer to seller.
Delivered at Frontier(DAF): The seller has to clear the goods for export and should place at frontier which means the custom border of adjoining country.
Delivered duty Unpaid(DDU): The seller is responsible to transfer the goods at named place in the country of importation and also responsible for costs and risks involved in bringing the goods to import destination excluding taxes and duties.
Delivered Duty Paid(DDP): The seller is responsible to transfer the goods at named place in the country of importation and also responsible for costs and risks involved in bringing the goods to import destination including taxes and duties.
Free Alongside Ship: This term is used for sea or inland waterway transport. The seller is responsible to place the goods alongside the vessel at the port of shipment. Then the buyer is responsible for loss and risk of damage of goods from that moment.
Free on Board: The seller is responsible to pay transportation and loading charges for boarding, then the buyer is responsible for marine cost, unloading, insurance and transportation from the arrival port to the final destination.
Cost and Freight(CFR): The seller is responsible to pay costs and freight charges required in bringing the goods to the destination port. Then the risk of damage or loss is transferred to buyer from that point.
Cost Insurance and Freight(CIF): The seller is responsible to pay costs and freight charges and also insurance charges required in bringing the goods to the destination port. Then the risk of damage or loss is transferred to buyer from that point.
Delivered Ex Ship: The seller is responsible to deliver the goods on board to the destination port with ship uncleared for importation with all costs paid by seller in bringing the goods.
Delivered Ex Quay: The seller is responsible to deliver the goods on to Quay(stone or metal platform project into water for loading and unloading ships) to the named destination port with ship cleared for importation with all costs paid by seller in bringing the goods.
4) Purchase tax: The tax levied buyer for the purchase of goods at specified % depending on location.
6. Supplier Login
The supplier is provided login facility to view his details.
7. Shipment Instructions
The Shipment instruction for supplier include terms of purchase whether free on board, cost and frieght or cost insurance freight etc,. and method of dispatch i.e,. air freight, ocean freight etc,.
8. Notes
The internal notes is for internal reference i.e,. who is responsible for bringing goods to buyer place and form of transport etc,.
The contact information include
1) Primary phone and secondary phone
2) Mobile number details for calling
3) Fax number to send some documents
4) Email address for mailing and
5) Website information to know about the supplier.
3. Remit-To-Address
Remit to Address is the location to where payment has to be sent.
Full address with unit number of supplier in the respective building with city, state, zip and country information.
4. Shipping Address
Shipping Address is to send back the goods from where it has come.
5. Account Information
1) Tax Number: The tax is the Employer Identification Number of supplier used for tax payment to know his tax details.
2) Currency: The currency information used by supplier to make payment.
3) Payment Terms: Payment terms include at what basis we have to make a payment.
Payment Terms
Net 10: Payment after 10 days of invoice.Net 30: Payment after 30 days of invoice.
Net 60: Payment after 60 days of invoice.
Net Monthly Payment: Payment has to be made for every end of month after the date of invoice.
Cash on Delivery: Cash payment after delivery has made.
21 MFI: 21st of every month following the date of invoice.
Cash Next Delivery: Payment has to be made after delivery has received.
Cash Before Shipment: The payment is made before shipment has done.
Cash In Advance: The payment is made in advance of shipment.
1MD: Monthly credit payment for the full month's supply.
2MD: Payment for every two for every month's supply.
Stage Payment: Payment is made at some stages based on agreement.
Shipment Terms
EXworks(Ex Works): The buyer is responsible for the goods to take from seller's premises to the buyer's destination place.Free Carrier (FCA): The seller is obligated to handover the goods, cleared for export, into the charge of carrier named by buyer at specified point or location.
Carriage Paid To(CPT): The seller pays the freight charges for carriage of goods to the named destination. The risk of loss after the delivery of goods is transferred to carrier transferring from buyer to seller.
Carriage and Insurance Paid To: The seller pays the freight charges for carriage of goods to the named destination and also has responsibility to obtain insurance against the risk of buyer for loss or damage of goods. The risk of loss after the delivery of goods is transferred to carrier transferring from buyer to seller.
Delivered at Frontier(DAF): The seller has to clear the goods for export and should place at frontier which means the custom border of adjoining country.
Delivered duty Unpaid(DDU): The seller is responsible to transfer the goods at named place in the country of importation and also responsible for costs and risks involved in bringing the goods to import destination excluding taxes and duties.
Delivered Duty Paid(DDP): The seller is responsible to transfer the goods at named place in the country of importation and also responsible for costs and risks involved in bringing the goods to import destination including taxes and duties.
Free Alongside Ship: This term is used for sea or inland waterway transport. The seller is responsible to place the goods alongside the vessel at the port of shipment. Then the buyer is responsible for loss and risk of damage of goods from that moment.
Free on Board: The seller is responsible to pay transportation and loading charges for boarding, then the buyer is responsible for marine cost, unloading, insurance and transportation from the arrival port to the final destination.
Cost and Freight(CFR): The seller is responsible to pay costs and freight charges required in bringing the goods to the destination port. Then the risk of damage or loss is transferred to buyer from that point.
Cost Insurance and Freight(CIF): The seller is responsible to pay costs and freight charges and also insurance charges required in bringing the goods to the destination port. Then the risk of damage or loss is transferred to buyer from that point.
Delivered Ex Ship: The seller is responsible to deliver the goods on board to the destination port with ship uncleared for importation with all costs paid by seller in bringing the goods.
Delivered Ex Quay: The seller is responsible to deliver the goods on to Quay(stone or metal platform project into water for loading and unloading ships) to the named destination port with ship cleared for importation with all costs paid by seller in bringing the goods.
4) Purchase tax: The tax levied buyer for the purchase of goods at specified % depending on location.
6. Supplier Login
The supplier is provided login facility to view his details.
7. Shipment Instructions
The Shipment instruction for supplier include terms of purchase whether free on board, cost and frieght or cost insurance freight etc,. and method of dispatch i.e,. air freight, ocean freight etc,.
8. Notes
The internal notes is for internal reference i.e,. who is responsible for bringing goods to buyer place and form of transport etc,.
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