Warehouse & Logistics Encyclopedia
Your comprehensive guide to warehouse, logistics, and supply chain terminology. Explore over 100+ industry terms with detailed explanations and practical insights.
EXW (Ex Works)
An Incoterm where the seller makes goods available at their premises, and the buyer assumes all transport risks and costs.
Definition
EXW places minimal responsibility on the seller; the buyer arranges pickup, transportation, export, and import duties.
Overview
EXW is suitable for buyers who want complete control over shipping and logistics but increases buyer’s responsibility and risk.
Role
An Incoterm where the seller makes goods available at their premises, and the buyer assumes all transport risks and costs.
Focus
EXW is suitable for buyers who want complete control over shipping and logistics but increases buyer’s responsibility and risk.
Example
A manufacturer offers goods EXW; the buyer hires a carrier to collect and ship the products internationally.
FAQs
Q: Can you give an example of EXW (Ex Works)?
A: A manufacturer offers goods EXW; the buyer hires a carrier to collect and ship the products internationally.