craig tufankjian
Posts: 308
Joined: 2004-02-01
Location: syracuse ny 13208
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mike,
I negotiated millions of square feet of veneer deals all over the world . mostly in germany, italy and spain.
overseas transaction are tricky because of the international laws.in laymans terms, if they have your money and all goes bad the odds of recovery are slim. first , are you comfortable with the supplier? are you having the log sliced to your requirements? do you have a customs broker? (that is if the veneer is coming directly from japan) if not make sure you have one that has a proven track record of expiditing your cargo thru customs.
make sure all your paper work is in order, like the country of origin from which the log was procured.
as for the defect issue, if the slicer is professional than there should be no problems. most use x-ray now a days and other computer aided machines to yield the best product based on the log condition.
50/50 seems fair in my mind but they may want total payment before releasing the product. more than likely your shipper will send the veneer "FOB" which means "free on board". again in laymans terms, if the container ship sinks at sea, your out your money. try to get the shipper to insure on his end. try to get you supplier to ship "CIF".
I've never had any customs problems to date but navigating the loop holes and international laws can be tricky.
also remember that the shipper will only deliver to a port of your choosing, once it is on the dock of a trucking terminal you have to provide the over land shipping cost as well.
craig
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