When must a buyer arrange for loading and transportation under EXW terms?

Enhance your understanding of CIPS Ethical and Responsible Sourcing. Use flashcards and multiple choice questions to prepare. Get ready for the CIPS exam!

Under EXW (Ex Works) terms, the buyer takes on the responsibility for loading and transportation of goods as soon as they are made available by the seller at the seller's premises or another agreed location. This means that the buyer must act immediately when the goods are released by the seller.

In context, under EXW, the seller's responsibility is minimal; they merely need to make the goods available for pickup. Therefore, the buyer cannot delay in arranging for loading and transportation, as their obligations begin at the moment the goods are released. This approach emphasizes the buyer's control over the logistics of the shipment right from the outset.

Choices related to payment, delivery, or needing notifications from the seller do not align with the immediate responsibilities assigned to the buyer under EXW terms, clarifying why they are not suitable responses.

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