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If we place a blanket purchase order based on our EAU of 120,000 parts, and you ship us 12,000 per month, do we have to pay for all 120,000 pieces upfront?

based Blanket Eau purchase ship
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If we place a blanket purchase order based on our EAU of 120,000 parts, and you ship us 12,000 per month, do we have to pay for all 120,000 pieces upfront?

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No, in fact CIF will stock and release parts per your schedule, and invoice only the pieces shipped to you on that particular release.

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