In most cases, Cross Planet L.L.C. will act as a distributor on a Buy/Sell basis on behalf of an Undisclosed or Disclosed principal. CROSS PLANET L.L.C. acts on behalf of undisclosed principals for most of the time and on behalf of disclosed principals on very rare occasions. What do these matters in reference signify in the simplest term? Cross Planet L.L.C. buys goods from the manufacturer or allocation holder at a set price and resells the goods to the foreign customer at their established price.
On Behalf of an Undisclosed Principal.
CROSS PLANET L.L.C. scours markets worldwide for hard to source and much wanted products often in huge quantities. Such goods are sometimes broken down to smaller lots. This method of securing such goods takes a great deal of effort, money and time to achieve. CROSS PLANET L.L.C. is only allowed to secure such goods from a Supplier in possession of such goods and must do so before entering into a contract to sell such goods to an End buyer/ End user of such. To do anything differently is implied to be an act of fraud. Invited Intermediaries may assist CROSS PLANET L.L.C. to secure such End buyers. CROSS PLANET L.L.C. is then also obligated to secure and pay commission to such intermediaries if through their efforts a deal is closed. Such goods are often secured On a first come first serve basis. CROSS PLANET L.L.C. is often in competition with other Buyers to secure such goods and may have to buy such goods at times by offering a premium on the standard selling price offered. CROSS PLANET L.L.C. must seek supply, and enter into contract of purchase with the Supplier as BUYER as well as take all legal responsibilities of the deal entered into with the Supplier. CROSS PLANET L.L.C. then sells such goods to its own End buyer(s) taking possession of such goods, on a first come first serve basis as well. CROSS PLANET L.L.C. has no time to waste with potential End buyers looking to apply precarious trading applications. Accordingly, many offers for the same goods are often issued to a number of potential End buyers. CROSS PLANET L.L.C. takes full legal responsibilities of the deal being entered into its secured and conforming End buyer. CROSS PLANET L.L.C. does not take possession of goods it has contracted with the Supplier. CROSS PLANET L.L.C. sells title to the goods to its End buyer using strict safe effective procedures based on current International Trading Rules and laws in support. of such activities. No disclosure of Supplier is given nor entitled to be given until the end buyer has first proved financial capability to CROSS PLANET L.L.C. being a Financial Instrument or appropriate deposit. if such is agreed upon. Once verifiable evidence disclosing supply status is provided, the End buyer is formally obligated to perform or such may face a breach of contract with CROSS PLANET L.L.C. Secured product is usually a once only offer. There is no guarantee that more goods will be made available on a at call basis. The Supplier often provides such goods to CROSS PLANET L.L.C. in unreserved form, hence the Supplier will sell to anyone on a first come first serves basis if CROSS PLANET L.L.C. is unable to perform with the Supplier quickly. CROSS PLANET L.L.C. in such circumstances could find itself selling goods which the Supplier has sold to someone else if disclosures of the supplier is made before financial instrument are secured, therefore no disclosure whatsoever of the supplier is provided until a safe intangible financial instrument is first secured, along with and offer and contract CROSS PLANET L.L.C. does not sell Spot products and sells all secured products at 90-150 days in advance of its own purchase as per contracting conditions in force. CROSS PLANET L.L.C. for most of the time sells such goods upon such an Undisclosed Premise.
End buyers who do not understand as much, nor understand the valuable contribution of our trading expertise brings to the deal especially in matters of safety and delivery should not be seeking goods from CROSS PLANET L.L.C., and should be seeking their own direct suppliers instead.
On Behalf of a Disclosed Principal.
Supplier asks CROSS PLANET L.L.C. to represent them openly to which in turn we offer goods of the Supplier, disclosing the name of the Supplier or Exporter in possession of goods upfront to any potential End buyer taking possession of goods on offer. CROSS PLANET L.L.C. closes the deal for the Supplier as their official mandated agent. and funds are generally paid into the account of CROSS PLANET L.L.C. but often into the Supplier directly or at the counter of a nominated bank. CROSS PLANET L.L.C. must disclose all matters of the deal including End buyer details and matters of commission payment expected. The supplier issues the sell price with added agreed upon commission rate incorporate into the price. Final price as offered by the Supplier in not allowed to be changed. In such a deal the Supplier takes all legal responsibilities of the transaction being conducted. When the transaction is complete, the Supplier pays the agreed upon commission to CROSS PLANET L.L.C. based on the commercial agency agreement entered into between the Supplier and CROSS PLANET L.L.C.. When disclosed goods of a Supplier are offered on the CROSS PLANET L.L.C. site, it will state that the offer will be issued On behalf of a disclosed Supplier(OBDS). A Supplier would engage CROSS PLANET L.L.C. because of the valuable trading knowledge and expertise CROSS PLANET L.L.C. brings to the transaction especially those which are considered complicated or when a specialized counter trade type of transaction is envisaged. CROSS PLANET L.L.C. looks after the interests of the Supplier and ensures a proper and safe transaction is conducted with the End buyer. End Buyer may also secure tenure of CROSS PLANET L.L.C. (at the discretion of CROSS PLANET L.L.C.) applying the same disclosed transparent trading basis if such asks CROSS PLANET L.L.C. to source goods for them.
Cross Planet L.L.C. provides a comprehensive range of international trade services to assist importers and exporters in the design and implementation of successful trade strategies. Our activities include acting as an Export Mangament Company, Manufacturer's Representative, Authorized Distributor, International Trade Intermediary, Import & Distribution, and Trade Financing. So whether you want to sell your products overseas, bring in your manufacturing supplies at a lesser rate, or just source your manufacturing, we can help you and your business reach your goals.
