Glossary of Wholesale Terms - Wholesale Managers https://wholesalemanagers.com/glossary/ Online platform for wholesale buyers and sellers Tue, 17 Sep 2024 19:57:58 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://wholesalemanagers.com/wp-content/uploads/2022/10/cropped-Globe-Icon-PNG-32x32.png Glossary of Wholesale Terms - Wholesale Managers https://wholesalemanagers.com/glossary/ 32 32 Economic Operators Registration and Identification (EORI) Number https://wholesalemanagers.com/glossary/economic-operators-registration-and-identification-eori-number/ Tue, 17 Sep 2024 19:56:36 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23570 EORI number is a unique identification code assigned to businesses and individuals engaged in customs activities within the EU.

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]]> EU’s Restriction of Hazardous Substances (RoHS) Directive https://wholesalemanagers.com/glossary/eus-restriction-of-hazardous-substances-rohs-directive/ Tue, 17 Sep 2024 19:41:53 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23562 The EU’s Restriction of Hazardous Substances (RoHS) Directive is a regulatory framework aimed at limiting the use of hazardous materials.

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]]> China Compulsory Certificate (CCC) https://wholesalemanagers.com/glossary/china-compulsory-certificate-ccc/ Tue, 17 Sep 2024 19:36:06 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23561 China Compulsory Certificate (CCC) is a mandatory safety and quality certification for specific products being imported and sold in China.

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]]> North American Free Trade Agreement (NAFTA) https://wholesalemanagers.com/glossary/north-american-free-trade-agreement-nafta/ Tue, 17 Sep 2024 19:28:57 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23558 The North American Free Trade Agreement (NAFTA) was a trade agreement between the United States, Canada, and Mexico.

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]]> United States-Mexico-Canada Agreement (USMCA) https://wholesalemanagers.com/glossary/united-states-mexico-canada-agreement-usmca/ Tue, 17 Sep 2024 19:24:39 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23557 The United States-Mexico-Canada Agreement (USMCA) is a trade agreement that replaced the NAFTA in July 2020.

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]]> Free Trade Agreement (FTA) https://wholesalemanagers.com/glossary/free-trade-agreement-fta/ Tue, 17 Sep 2024 19:17:54 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23555 A Free Trade Agreement (FTA) is a pact between two or more countries that aims to reduce or eliminate barriers to trade.

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]]> Common External Tariff (CET) https://wholesalemanagers.com/glossary/common-external-tariff-cet/ Tue, 17 Sep 2024 15:56:17 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23540 The Common External Tariff (CET) is a uniform tariff rate that a group of countries applies to imports from non-member nations.

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]]> Country of Origin https://wholesalemanagers.com/glossary/country-of-origin/ Tue, 17 Sep 2024 11:25:12 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23529 Country of Origin refers to the country where a product is manufactured, produced, or processed.

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]]> Fulfillment https://wholesalemanagers.com/glossary/fulfillment/ Sun, 15 Sep 2024 17:58:31 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23528 Fulfillment is the process of receiving, processing, and delivering orders to customers.

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]]> Break Bulk https://wholesalemanagers.com/glossary/break-bulk/ Sun, 15 Sep 2024 17:56:58 +0000 https://wholesalemanagers.com/?post_type=glossary&p=23527 Break bulk refers to the practice of unloading and distributing portions of cargo from large shipments into smaller units.

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