We're determined to make industrial sourcing easier for you.
RFQs have a set of unwritten rules that both buyers and suppliers are generally expected to follow. Mistakes like missing requirements are the most common reasons for low RFQ response rates. Learn how the process works and how to send an RFQ that will get quick responses to drive down costs.
The Harmonized System is used to classify goods being imported into or exported out of a country. The system serves as the basis for key concepts like tariffs and customs declarations. Given its intricacy and criticality in global trade, it's necessary to understand exactly how it works.
International Commercial Terms govern practically all industrial purchasing transactions. Though straightforward in principal, the intricacies can sometimes result in logistics headaches that you weren't prepared for. Read through the terms in plain english and, if you still have questions, ask purchaser AI for answers.
Because of the complex, hierarchical layout of the NAICS taxonomy, understanding how the codes work and what they mean can get pretty confusing. Dive into the (not so) exciting world of NAICS codes.