Différence incoterm vs delivery term

AI generated answer (using internal Slack threads):

The difference between Incoterms and Delivery Terms primarily lies in their scope and usage. Incoterms, short for International Commercial Terms, are a set of rules which define the responsibilities of sellers and buyers for the delivery of goods under sales contracts. They are published by the International Chamber of Commerce (ICC) and are widely used in international commercial transactions. The two most common Incoterms you might come across are EXW (Ex Works) and DAP (Delivered At Place). On the other hand, Delivery Terms are more specific to the agreement between the buyer and the seller and may not necessarily be internationally recognized. They detail the specifics of the delivery, such as the time, place, and manner of delivery, and may also include terms related to freight charges, insurance, and risk of loss. In the context of NetSuite, when creating a transfer order, you can only select EXW or DAP as your Incoterms. If you need to use a different Incoterm, you might have to create a new version of the field as a custom field and then reference the Incoterm list. However, this might cause confusion during searches. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******