Let’s start with a fact that the trends for food and beverage sector is dynamically changing. For food and beverage type of companies, the ever-changing customer preference and dynamic movement within global market serves as the key factors to look out in order to stay competitive. …
Currently there are different types of letter of credit used, depending on the situation or interest. Not surprising since it’s one of the most popular type of payment used in both domestic and international transaction. …
Choosing the right Incoterms suitable for your business is certainly takes a significant part of your export/import business. Deciding the wrong one can be a hassle and certainly losses that can simply be avoided with thorough research and finding it’s compatibility with your business model. …
Which common Incoterms used frequently around the world? Referring to the latest version of Incoterms, there are 11 different sets of trade codes that you can use, with each of them have their own distinct procedures, risks, and ‘who pays what’ that you can use as part of your decision making process, when exporting or importing products. …
To find out the product’s export potential is challenging, although the thrill coming from exporting your product is certainly tempting. A lot of factors and considerations to consider, paper works that needs to be completed, before you start to see your product is being used by customers on the other side of the ocean. …
