Presentation Materials - Jim Gould  Surfaces Education Session - February 3, 2010

Avoiding Landmines in Import Flooring

  • What are the costs of importing?

  • •When does title pass and when does the risk of loss become mine?

  • What are the best financing options and terms for importing?

  • What recourse do I have with a supplier that is 8,000 miles away and has already exercised my Letter of Credit but his
    product does not meet my expectations?

    To answer these questions and more in one venue the Floor Covering Institute put together a panel of trade experts to
    discuss the basics of importing at Surfaces 2010 in Las Vegas. We discussed  ways to avoid potential problems when
    importing, alternative commercial terms, FAS, FOB, DDP, EXW, CIF and when title and risks pass to the importer,
    alternative financing, insurance, dispute resolution, making entry through customs and more.

    The panel of trade experts included Scott Kaiser, Vice President of Bank of America-Merrill Lynch’s Global Trade & Supply
    Chain Solutions; David R. Stepp, Esq., general partner of Bryan Cave LLP, and Craig Vigliotta, General Manager of BlueLinx
    Import Distribution, moderated by Jim Gould, president of the Floor Covering Institute and long time floor covering
    importer.

Materials provided at the session are now available to you, just click on the links to the documents to the right.  

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