Analysis of Incoterms Selection and Involvement of 3PL in Export Import Logistics Activities

English

Authors

  • Ananda Oktafiana Fakultas Ekonomi dan Bisnis, University of Jember
  • Desi Dwi Rahmadani Fakultas Ekonomi dan Bisnis, University of Jember
  • Eva Arista Aprilia Fakultas Ekonomi dan Bisnis, University of Jember
  • Yohana Vingky Septya Laras Fakultas Ekonomi dan Bisnis, University of Jember

Keywords:

Third-party logistics, Incoterms, Efficiency, Minimizing risk, International trade

Abstract

The international commercial terms (incoterms) are important documents for exporters and importers in minimizing risks during a series of international trades so that rights and obligations are still implemented. Various incoterms documents have their respective functions. The involvement of third-party logistics is an important key in minimizing risk, and costs, and creating efficiencies. This study was conducted to examine the selection of incoterms and the involvement of third-party logistics (3PL) in export and import logistics activities. The method used in the research was carried out by means of a literature study with various sources to examine intensely related to incoterms and 3PL. We find that the synergy between the selection of incoterms documents and the involvement of 3PL parties can support the performance of export and import logistics activities. In addition, the involvement of these two things can reduce risks, and costs, and increase the efficiency of export and import activities.

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Published

2022-06-15

Issue

Vol. 4 No. 1 (2022): Asian Economic And Business Development

Section

Articles