On: December 1, 2021 By: Sandra L. Renner
Companies that strategically target high-potential export markets will see a greater return on their investment. This article details a targeting process that will help your company avoid reacting to low-potential opportunities around the world and instead choose the most promising export markets.
On: November 29, 2021 By: David Noah
There are definite advantages and disadvantages for companies to consider before exporting their goods and services. But for many companies, exporting is a viable option for growing their business and increasing their sales. After all, more than 95% of the world’s population live outside of the U.S.!
On: November 17, 2021 By: Dr. Cheryl McCloud
The terms supply chain management and logistics are often used interchangeably. But there are important differences, and understanding them can help exporters strengthen their supply chain and gain a competitive advantage.
On: November 3, 2021 By: David Noah
Importers and exporters must properly identify and label the country of origin of their goods. It's used by customs authorities to identify duty rates, preferential trade agreements, trade sanctions and import quotas that may apply. Labels on goods also allow users to know their origin.
On: November 1, 2021 By: Tony Kramer
To stay globally competitive, companies must periodically identify strengths and shortcomings in their export operations and strategies. This can be done through benchmarking, an exercise that measures a company's performance against industry best practices. Learn how to conduct an Export and Globalization Benchmark Assessment at your company.
On: October 27, 2021 By: Alberto Rodriguez-Baez
You're counting on your international distributors to deliver results for your company, which is why you need to make sure you're hiring the right partners. What to ask during an interview and other important steps you should take to ensure you choose the right distributors.
On: October 20, 2021 By: Richard Corson
Assessing political risk in international markets should be part of every exporter's business strategy—otherwise you could be putting a lot on the line. If this type of risk management hasn't made your priority list, there are a few simple things you can do to get started.
On: October 6, 2021 By: David Noah
Under the Incoterms 2020 rules, CFR means the seller has fulfilled its obligation when the goods are delivered and loaded on the vessel they’ve nominated at the named port of shipment. CFR is best used in situations where sellers have direct access to the vessel for loading.
On: September 22, 2021 By: David Noah
U.S. exporters need to identify the correct 10-digit Schedule B codes for their products as part of their export compliance responsibilities. The Schedule B search engine can help. Don't ignore this important step, because using the wrong code may result in fines and other penalties.
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