How 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 […]
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Why 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 […]
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The Dos and Don’ts of Supply Chain Management & Logistics
Supply chain management is a huge opportunity to play around with. 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 […]
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Scale 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? Well, this data 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 […]
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Key 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 […]
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Container Seal Numbers Explained: Importance & Compliance
To keep the supply chain operations moving securely and 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 […]
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How to Find Buyers for Your Export Business: Essential Tips
International trade is becoming competitive as the new tools and solution arrives to find new suppliers and buyers. 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 […]
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Sustainable Supply Chain Management & Supply Chain Sustainability
While we see lost of environmental challenges and changes taking shape in our current situation, the concept of sustainable supply chains has emerged as a critical focus for businesses worldwide. This blog delves into the intricacies of sustainable supply chains, exploring their significance in fostering environmental stewardship and ethical responsibility. As companies grapple with the […]
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Understanding the Different Types of Letters of Credit (LC)
International trade offers new opportunities, but in the complex system of international trade, ensuring a sequence and reliable transection is a primary objective for any merchant. One of the key financial instruments facilitating this is the letter of credit (LC), a versatile tool that provides a safety net for both buyers and sellers. Understanding the […]
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Exploring the Advantages and Disadvantages of Exporting
Exporting goods and services from your country can be a powerful driver of economic growth and development. It opens up new markets, increases sales potential, and enhances competitiveness on a global scale. However, this opportunity comes with its own set of challenges. Navigating international regulations, managing currency fluctuations, and facing stiff competition are just a […]
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