Incoterms

This page is accessed via:

• Order Management > Power Data > Order Management > Incoterms
• Master Data > Power Data > General > Incoterms

You can use Incoterms to give a clear picture of rights and responsibilities during the delivery process. Incoterms are recognized worldwide as undisputable evidence of the responsibilities of buyers as well as sellers' responsibilities for delivery under a sales contract. Incoterms provide definitions for delivery points, loading and unloading obligations and customs clearance.

Oracle Transportation Management uses Incoterms when bundling orders for shipment planning. For example, orders with the same Incoterms are candidates for bundling their order releases together for shipment planning. Orders with no Incoterm assignment are considered compatible for bundling.

Adding an Incoterm

1. Enter a unique identifier in the Incoterm ID field. You will use this ID when you refer to this Incoterm on other pages.
2. If needed, enter additional information about the Incoterm in Incoterm Desc field.
3. Select a domain in which this Incoterm will be active from the Domain Name drop-down list.
4. Click Finished.