There are a lot of perks to being a coffee buyer: traveling to origin, meeting producers, experiencing the coffee harvest… Yet this glamorous job also demands a sound knowledge of contracts, shipping, and more.
Mutually amicable and agreed-upon contracts are critical to the health and longevity of trade relationships – whether it’s a long-term direct-trade partnership or a one-time transaction. Using a common language for coffee buying and shipping can help avoid confusion and streamline a lengthy, complicated process.
Let’s take a look at some common contract terms and their definitions. This will include some of the most important ways that contracts describe sampling, quality, the transfer of risk, and payments.