Sulkupiste

Sulkupiste is a Finnish term that translates directly to "closure point" or "closing point." It is primarily used in the context of logistics and supply chain management to denote the final destination or point of handover for goods or shipments. This can refer to the location where a seller completes their delivery obligation or where a buyer takes possession of the items.

The concept of sulkupiste is crucial for defining responsibilities and liabilities within a transaction. Depending on the agreed-upon terms of sale, such as Incoterms, the sulkupiste can vary significantly. For instance, if the sulkupiste is the seller's warehouse, the buyer assumes responsibility for the goods once they are ready for collection. Conversely, if the sulkupiste is the buyer's premises, the seller is responsible for delivering the goods to that final location.

Understanding the sulkupiste is vital for accurate cost allocation, risk management, and insurance purposes. It clearly delineates the transfer of ownership and the associated risks and costs from the seller to the buyer, ensuring clarity in international and domestic trade. The precise definition of the sulkupiste is typically a key element in contractual agreements between trading partners.