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Supply Chain Glossary

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DAP


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

An Incoterm meaning ‘delivered at place’, such as a nominated place or destination. The seller pays for carriage to the named location, and assumes all risks up to the point of delivery. The buyer has to arrange and pay for import duty and taxes, but the seller pays for transport to the final destination.  See also Incoterms.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




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Last update 10 Mar 2023
Global manufacturing output returns to growth as supply chain constraints ease and mainland China reopens
   Source: J.P.Morgan Global Manufacturing PMI   -  IHS Markit



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