Delivery Duty Paid (DDP) is a delivery contract under which the seller assumes full responsibility for transporting the goods until they reach the agreed destination.
This is an Incoterm or a standard contract for international transport.
Under the DDP, the seller must arrange all shipping and handling costs, including export clearance and customs documentation, necessary to reach the port of destination.
The risks for the seller are very extensive and include VAT, bribery and storage costs in case of unforeseen delays.
DDP is beneficial to the buyer, since the seller takes on most of the responsibility and shipping costs.
Distribution Management manages the supply chain for the firm, from vendors and suppliers to the manufacturer and point of sale, including packaging, inventory, warehousing and logistics.
In a supply chain, a distribution network is an interconnected group of storage facilities and transportation systems that receive stocks of goods and then deliver them to customers.
Free carrier is a trade term that requires the seller of goods to deliver those goods to a specified airport, shipping terminal, warehouse, or other carrier location specified by the buyer.
Supply chain management (SCM) is a centralized management of the flow of goods and services and includes all processes that turn raw materials into final products.