Glossary

Plain-English definitions of the trade, shipping, and sourcing terms every importer needs.

OEM vs ODM vs Private Label in Handicraft Sourcing

Explain OEM, ODM, and private label in the context of sourcing handicrafts: what each means, typical minimums, and when to choose each

Bill of Lading Explained for Importers

Explain the bill of lading for importers: what it is, types (straight, order, telex release), and its role as receipt, contract, and title

What is an HS Code? Handicraft Classification Explained

Explain what HS/HTS codes are, how handicrafts are classified, why the right code matters for duty, and how to find the code for a product

What is a Letter of Credit? A Guide for Importers

Explain letters of credit for importers: how they work, parties involved, documents required, and pros and cons versus TT