Tuesday 17 June 2014

Order Procedure



ORDER PROCEDURE


Importer needs to first send a detailed LOI (Letter of Intent) to Kevin Noah.

Letter of Intent: To issue Proforma Invoice we require LOI --‐ bearing Commodity, Specifications, Total quantity, Destination Port, complete address, contact and banking details.

Proforma Invoice: Issued to Buyer upon receipt of LOI and after soft probe is done.

Payment Terms:  For first  time  buyers/importers 50% as part payment  at the time of order  placement for products and  the remaining 50% may be paid after  complete production and  inspection  by  the buyers appointed Inspection company.

Manufacturer’s bank never transfer buyers T.T amount to our account before submit Bill Of Lading shipment documents (B/L) of the goods. If goods are not shipped under any circumstances, Bank will back the T.T intact to the issuing Bank.
OR
50% Payment should be made by T.T at the time of placement supply order and rest 50% by irrevocable L/C at sight issued by an internationally reputed Bank.

Procedure & Timeline:

1.       Buyer sends complete LOI (with banking details)                             
2.       Seller sends offer with price, terms and procedure
3.       Buyer signs and returns offer to Seller
4.       Seller issues Proforma Invoice                                                                  
5.       Buyer signs and returns Proforma Invoice
6.       Payment (T/T; EFT)
7.       Production (Payment of remaining 50% on completion)
8.       Delivery                                              

Delivery Time: 

  • Production of the goods start after manufacturer has received a confirmed order from the buyer with payment.
  • Production depends on buyers demand.
  • Goods are shipped within 3 – 7 days after receipt of payment. Delivery time to Mombasa is 25 to 30 days.
  • Total delivery depends on buyers demand. If buyer needs an urgent order it can be arranged accordingly.
  • Client is solely to handle all storage, warehousing & transport of their products. However if they need me to organise for all this, it is can be arranged. i have been working with experienced clearing agents who also have bonded warehouses.


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