Free On Board
| Model No. | CTO17496 |
|---|---|
| Sample Time | 7 days |
| OEM / ODM | Available |
| Port | Shenzhen or HK,China |
| Views | 1 views |
US$ 1~16 /Piece | Get Latest Price
Product Detailed Description
Free On Board (FOB) is an Incoterm. It is similar to FAS, but the seller also pays for the loading costs. The passing of risks occurs when the goods pass the ship's rail at the port of shipment. Internationally the term specifies the port of origin, e.g. "FOB New York" or "FOB Vancouver".
Domestically within the United States and Canada, the term is used in two common phrases, "FOB shipping point" and "FOB destination," to distinguish when the title of goods passes from the seller to the buyer. Under the terms of "FOB shipping point," the title of the goods passes to the buyer at the shipping point. Similarly, under the terms of "FOB destination", the title of the goods passes to the buyer when the goods arrive at their destination. The distinction is important because it determines who pays for the shipping costs of the merchandise: whoever holds the title to the merchandise at the time of its shipping pays for its transportation costs.Also, it is important if the shipment is damaged while traveling the owner must file the freight claim. Note that this usage is inconsistent with the official Incoterm definitions, and should not be used for international shipping.
With the advent of e-commerce, most commercial electronic transactions occur under the terms of "FOB shipping point" or "FCA shipping point". Most analysts see this as a disadvantage of online shopping compared to traditional in-person purchasing, where "FOB destination" is more prevalent. When counting inventory, merchandise in transit plays a crucial role depending on whether it is added to the company's balance sheet. Items under "FOB shipping point/destination" are checked to see if the purchaser has title of the goods. If it does, then they are added to the inventory count, but not the balance sheet. If not, they are treated as would items under consignment, meaning they still belong to the supplier (consignor).
About this range
Made to your specification: this range mixes items from several product families, so material, finish and construction are confirmed on the quotation and on the pre-production sample before bulk starts, and the unit that ships matches the unit that was approved. Every item is inspected before packing, and repeat orders keep the same specification. Dimensions, colours, printing method and packaging are quoted per item; other options are quoted on request.
Who it suits
Built for buyers who source across categories and want one quotation and one shipping date. Typical uses include:
- Promotional and corporate-gift programmes mixing several product lines in one shipment
- Retail and e-commerce sellers restocking a catalogue rather than a single item
- Trade-show and event orders that need matching items across categories
- Distributors consolidating small orders from several suppliers into one delivery
- Buyers who want the specification confirmed on a sample before bulk
Ordering & commercial terms
| MOQ | Negotiable — confirmed on the quotation per item |
| Samples | Available before bulk; sample fee quoted per design and credited against the bulk order |
| Lead time | Confirmed on the quotation per item |
| OEM / ODM | Logo printing, custom packaging and private-label builds available |
| Artwork | Your artwork is checked by our team before production starts |
| Packaging | Quoted per item — poly bag, gift box, blister or custom box |
Terms above apply across the range; item-specific specifications are quoted with the product.
Customisation
- Logo printing, engraving or embroidery on the item or on the packaging
- Custom packaging: poly bag, gift box, blister card or printed carton
- Private-label builds under your own brand
- Artwork checked by our team before production starts
- Colour and finish matched to your reference sample