Top Import Business Ideas to Start | Import Export Business
Unlock Global Markets: Top Import Business Ideas for Entrepreneurs The world of import and export offers exciting opportunities for entrepreneurs looking to tap into global markets. Starting an import export business can be a highly profitable business venture, connecting domestic consumers with products from around the world However, success doesn’t happen overnight; it requires careful planning, thorough market research, and a […]
Read MoreWhat is a Logistics Park? The Engine of Modern Supply Chains
In today’s fast-paced global economy, the efficiency of the supply chain is paramount. Getting goods from manufacturing points to consumers quickly and cost-effectively is a complex puzzle. Central to solving this puzzle is the concept of the logistics park. But what exactly is it? A logistics park is essentially a dedicated industrial area specifically designed and built to handle a wide range of logistics […]
Read MoreEx Works (EXW) Explained : Incoterms Guide
The international trade between countries provide businesses across the globe the opportunity to grow their market. With good relationships between countries, smoother supply chain transactions also open up. Well, to make trade simple and legally easy to understand, INCOTERMS by International Chamber of Commerce are used. One such incoterm Ex Works (EXW), which defines the […]
Read MoreHow to Determine Country of Export? | Export Procedures
You might have heard a lot of buzz about exporting to other countries. Well, exporting helps you earn foreign remittance, work with global clients, and give more opportunities to grow your business. But, when you become an exporter, the first thing you must identify is the product or service to sell. And once you know […]
Read MoreWhy Should You Start Exporting Now?
Your competitors are most likely finding their profitable products to export and making new connections in the markets that are looking for Indian goods. For many manufacturing businesses, they have ample hold on their domestic market, and the local market would consume about 100% of their productions, but there are times when you can get […]
Read MoreThe Dos and Don’ts of Supply Chain Management & Logistics
The field of supply chain management is huge. Starting from managing operations of movement of goods to managing the efficiency in manufacturing operations, there are many things in our world that depend on supply chain management. Let’s find out the dos and don’ts of supply chain management. But, before that, let’s understand what is supply […]
Read MoreScale Your Import-Export Marketing with a Proven Plan
Did you know that more than 50% of all international trade is driven by small to medium-sized enterprises? This shows how important a good marketing plan is for success. A well-made import-export marketing strategy is the key to standing out in the global market. It will help you to gain a higher ground compared to […]
Read MoreKey International Trade and Shipping Terms to Know
If you are in international trade business, be it exports, imports, or manufacturing; these are some of the most important international trade and shipping terms you must know. These shipping terms are widely used to describe the methods used to ship the goods and manage terms with the suppliers. Whether you are working in a […]
Read MoreContainer Seal Numbers Explained: Importance & Compliance
To keep the supply chain operations moving effectively, many times the importance of containers goes unnoticed. And, to protect our goods while shipping, the container seals play a crucial role. The container seal number is a simple identifier and is critical to ensuring the security and integrity of the goods being shipped. Let’s find out […]
Read MoreHow to Find Buyers for Your Export Business: Essential Tips
International trade is becoming competitive, Identifying and securing reliable buyers for your business becomes a pivotal step for any export business aiming to thrive in this new economy of the connected world. Navigating the complexities of growing your business requires strategic planning and informed decision-making to drive growth in the revenue figures. Let’s explore the […]
Read More