Generally, an export transaction would begin with buyer requesting for quotation form to the seller. Quote serves as a promise in form of a formal statement by the seller that he would provide the product at a specified time and price. Seller would be presenting the quotation in proforma invoice form. The seller needs to… Read More »
It is very crucial to understand and know what type of transportation will be cost effective and efficient. For international trade, mode of transport and distribution are been considered as the key factors. The choice would actually depend based on – Higher customer services Timely delivery schedules Lower logistics cost Proper inventory levels Import and… Read More »
Sampling is the first step ahead on the journey of Exporting! As a professional working in the Foreign Trade Industry, I have witnessed a lot of fresh exporters bogged down with a lot of doubts, worries, and concerns about sending out samples to another Country before the buyer finalizes it. As soon as they… Read More »
In today’s demand-driven omnichannel environment, there are many occurrences in which customer expectations are not filled. In a huge part, this happens because companies’ supply chains are not devised to meet the new demands of omnichannel distribution. An ideal supply chain strategy must able to return customers’ desires by becoming “customer-centric.” The eCommerce leader, Amazon… Read More »
There are different methods and options when determining a marketing and distribution channel for any international market. But, irrespective of the characteristics of the product or service, we know it won’t touch the customer by itself. Based on the condition of the market and characteristics of the product or service, the international exporter must… Read More »