Incoterms 2020
Coût rendu
Total cost of a product once it has arrived at buyer’s doorstep, including purchase price, freight, insurance, duties, taxes, and handling fees.
Quick answer: Total cost of a product once it has arrived at buyer’s doorstep, including purchase price, freight, insurance, duties, taxes, and handling fees.
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Quick answer
Total cost of a product once it has arrived at buyer’s doorstep, including purchase price, freight, insurance, duties, taxes, and handling fees.
Why it matters
Coût rendu matters because it supports clear communication in Incoterms 2020 contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Editorial context
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Definition
Total cost of a product once it has arrived at buyer’s doorstep, including purchase price, freight, insurance, duties, taxes, and handling fees.
Operational example
The procurement manager calculated the landed cost to determine profitability after VAT, duties, and inland freight.
Localized term
Coût rendu
Localized example
Le responsable des achats a calculé le coût rendu pour évaluer la rentabilité après TVA, droits et transport intérieur.
Definition language
English reference definition
Source
Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
Exam relevance
- FIATA Diploma
- CILT Certification
- IATA DGR
Target audience
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers