Category Archives: Export Business

Refresh your Understanding of INCOTERMS

  Almost every phase of international trade and the activities and costs related to it are up for negotiation, including pricing, charges, customs duties, shipping and insurance. Each of these problems must be adjusted between exporters and importers to precisely determine which party is lawfully responsible for each particular aspect of the trade deal. Disparities… Read More »

Key Reasons that Justify the Choice of Circular Supply Chain Model

Reverse supply chain management has gained higher industry attention in recent years, led by growing interests about environmental protection problems, recycling, sustainable development, and security controls. These problems have pushed businesses to think about how their business offering will influence the environment, and what sort of carbon trace it will leave.   An increasing number… Read More »

How to Prevent Profit Loss on Product Returns | PART 1

The object of supply chain management is to render maximum customer value while maximizing profits and controlling costs. Various best practices have been covered in this post that can help a business improve its customer service offerings and decrease the costs associated with managing product returns. Below are the best tactics to follow that will… Read More »

Installing Your Export Business’s Overseas Distribution Channel | Part 1

  Once you’ve penetrated the new markets for your exports, you must arrange for how you will trade and deliver your goods and services in those countries. Favorably, we live in a world where technological innovations have made the life of exporters easier by presenting multiple ready-to-use international distribution choices.   Global logistics possibilities include… Read More »

The Proforma Invoice: Defining Legality, Agreement, and Cost | Part 2

  In part 1, fourteen steps were described for exporters to follow that will help them maximize the likelihood of a prosperous export deal. In this post, two more of those steps are discussed in more depth.   The Value of a Termination Date You need to ensure that your sales quotation or proforma invoice… Read More »