How to Prevent Profit Loss on Product Returns | PART 1

The object of supply chain management is to render maximum customer value while maximizing profits and controlling costs. Various best practices have been covered in this post that can help a business improve its customer service offerings and decrease the costs associated with managing product returns. Below are the best tactics to follow that will… Read More »

These Four Victory Stories Explain How You Should Accustom Your Products

Product development and acclimatization is the constant process of delivering goods to the marketplace as products progress through their life cycle, such as substituting ended products with new or modified products. Businesses bring their products to local or international markets through various means and for varying purposes. Consider: New product that presents a totally new… Read More »

Installing Your Export Business’s Overseas Distribution Channel | Part 2

  In the previous post i.e. part 1, we discussed how to form channel partnerships. This part will educate you on other distribution and marketing tactics.   In the event your business does not locate a channel partner with the satisfactory interest in your produce, piggybacking may be the resolution. Piggybacking is an adjustment with… Read More »

Installing Your Export Business’s Overseas Distribution Channel | Part 1

  Once you’ve penetrated the new markets for your exports, you must arrange for how you will trade and deliver your goods and services in those countries. Favorably, we live in a world where technological innovations have made the life of exporters easier by presenting multiple ready-to-use international distribution choices.   Global logistics possibilities include… Read More »

The Proforma Invoice: Defining Legality, Agreement, and Cost | Part 2

  In part 1, fourteen steps were described for exporters to follow that will help them maximize the likelihood of a prosperous export deal. In this post, two more of those steps are discussed in more depth.   The Value of a Termination Date You need to ensure that your sales quotation or proforma invoice… Read More »