Global logistics and supply chain


Assignment:

Global Logistics & Supply Chain

Your company has decided to export to an Indian distributor. A major concern you have is getting paid by this distributor. You have asked the distributor to use irrevocable letters of credit.

a. Discuss the non-payment risks involved.
b. Describe in step-by-step detail how payments in an irrevocable letter of credit works.
c. Explain how an irrevocable letter of credit helps to minimize the risk of non-payment.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Supply Chain Management: Global logistics and supply chain
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