Alibaba has emerged as a global marketplace connecting purchasers with manufacturers from around the world. While this presents significant opportunities for sourcing products, it also involves careful navigation when dealing with vendor contracts. Firstly, it's vital to carefully review the contract terms before agreeing. Pay close attention to c

When engaging with vendors on Alibaba's platform, it is crucial to familiarize yourself with the various contract types available. Each contract type carries specific terms and conditions that can greatly impact your business transaction. A common categorization includes CIF, FOB, EXW, and DDP contracts, each outlining liability for shipping, insur