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What does the delivery number NOV 16 mean?
What does the delivery number NOV 16 mean? In international trade, the delivery date is the delivery time agreed by the buyer and the seller when signing the contract. NOV 16 refers to the abbreviation of the English name NOVember with the delivery date of 20 1 1 month in 2006. Nov stands for 1 1 month.

It is very important for buyers and sellers to determine the delivery date. If the seller fails to deliver the goods at the agreed time, the buyer may demand compensation or terminate the contract. And if the buyer can't receive the goods on time, it will also affect the seller's production and sales plan.

In some industries, especially in the trading of raw materials and commodities, the delivery date is related to logistics and supply chain. Therefore, buyers and sellers need to fully negotiate to determine a reasonable delivery date and try to ensure the timeliness of delivery.

In short, the delivery date NOV 16 refers to the delivery date 20 16 1 1 month. Reasonable determination of delivery date and strict implementation in trade activities are conducive to ensuring the legitimate rights and interests of both parties and maintaining good business reputation.