Month: July 2021
What does FOB mean?
Jul 20, 2021
What does FOB mean? What does FOB mean? First of all, F.O.B. stands for Free On Board, and it is an Incoterm. Incoterm stands for International Commercial Terms. FOB indicates the point in the supply chain where the seller relinquishes ownership, and the buyer accepts the owner of products purchased in a specific transaction. Every […]
Learn the 3 Rs – Reduce, Reuse, and Recycle
Jul 06, 2021
The 3 Rs of the environment—reduce, reuse, recycle—have been around for some time, but many people have grown lax in following them. Perhaps the War Advertising Council said it best in 1944 as they promoted the conservation of gas, rubber, silk, and other scarce resources. Use it up Wear it out Make it do Or […]