"Higher profit margins with no loss in quality"
We offer you numerous manufacturing companies, from across a broad spectrum of disciplines, serving a variety of industries. Manufacturers in our sourcing network play a large role in researching the new materials and techniques needed to develop tomorrow’s designs and products. Multi-tiered checking at the factory level, ensures quality control.
You are sourcing your products to streamline production costs and time while maintaining product quality. The main advantage of working with Montagu Maritime as your overseas supply chain partner is this: We can match your specific needs to the skills and cost structures of our fully vetted team. Most importantly, we can check the progress and quality of your project on-site as necessary. Our customers consistently find they are able to compete more effectively, improve profit margins, and raise the quality of their products above in-house products.
Sourcing new products is our forte, our expert product development team will guide you through the entire development process from concept boards, trend reports, design, specification and sampling. Our value-added service covers all aspects of turning great ideas into reality, supply solutions, pricing, logistics and delivery. As always, our goal is speed, quality and efficiency.
We have forged strong relationships with several reliable, best-in-class freight forwarders that transport ocean freight between Asia-Europe-Africa and Americas for our esteemed customers.
When you come to Montagu Maritime to take advantage of sourcing, managing your entire supply chain is one of the most valuable services we can provide. It is important that logistics should be strategically managed for cost control, when you are consolidating goods from multiple sources. Planning of warehouse, choice of port, using right H.S code and every other single detail which has cost impact.
Quality is never an accident. It is always the result of attention to detail at every stage from pre-production to shipping. Our employees are dedicated to ensuring that we deliver only the highest quality products. We have well-trained Quality Assurance teams to ensure the highest level of inspection efficiency in all our production countries. We practice Pre-Production Inspection, Mid Production Inspection, Pre Shipment Inspection, Document verification and Loading Inspection.
Incoterms make international trade easier and help traders in different countries to understand one another. These standard trade definitions are most commonly used in international contracts and are protected by ICC copyright.
When negotiating an international sales contract, both parties need to pay as much attention to the terms of sale as to the sales price. To make it as clear as possible, an international set of trade terms (INCOTERMS) has been adopted by most countries that defines exactly the responsibilities and risks of both the buyer and seller including while the merchandise is in transit. The following chart summarizes the responsibilities of both the buyer and seller for each of the current 13 INCOTERMS. In addition, a definition for each term is included at the bottom of the page
EXW - Ex-Works, named place where shipment is available to the buyer, not loaded.
The seller will not contract for any transportation.
International Carriage NOT Paid by Seller
FCA - Free Carrier, unloaded at the seller's dock OR a named place where shipment is available to the international carrier or agent, not loaded. This term can be used for any mode of transport.
FAS - Free Alongside Ship, named ocean port of shipment. Ocean shipments that are NOT containerized.
FOB - Free On Board vessel, named ocean port of shipment. This term is used for ocean shipments only where it is important that the goods pass the ship's rail.
International Carriage Paid by the Seller
CFR - Cost and Freight, Named ocean port of destination. This term is used for ocean shipments that are not containerized.
CIF - Cost, Insurance and Freight, named ocean port of destination. This term is used for ocean shipments that are not containerized.
CPT - Carriage Paid To, named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments.
CIP - Carriage and Insurance Paid To, named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments.
DAT – Seller pays for carriage to the terminal, except for costs related to import clearance, and assumes all risks up to the point that the goods are unloaded at the terminal.
DAP – Seller pays for carriage to the named place, except for costs related to import clearance, and assumes all risks prior to the point that the goods are ready for unloading by the buyer.