Booking your consignment a space on a ship or an airplane for export to a foreign country is one of the important tasks of the entire supply chain management. If it goes wrong, all your efforts may go in vain and it may cost your business a loss of profits and clients. But, what may
The data and information take the centre stage when it comes to document preparation for export purposes. Earlier, managing the voluminous amount of information during manual documentation would lead to mistakes, ambiguities, and excess time consumption. Undoubtedly, the growing use of export documentation software tools resolves these issues. In fact, these electronic systems contribute much
What are the top benefits of maintaining a resilient supply chain? Firstly, it let enterprises become extremely responsive to unanticipated market forces. Secondly, it helps to establish a competitive edge which is very important to stay ahead in the game. Thirdly, it allows traders to overcome their geographical constraints and become truly global. Finally, it
Everything You Wish to Know about a Certificate of Origin Is your importer or buyer from some other country demanding a certificate of origin along with your export consignment? But, What is a certificate of origin? Who issues it and what is its importance? The first thing you should know is that exporting goods from
An important part of exporting a consignment is to prepare error-free export documents. Errors in the documentation for export may lead to serious consequences. It may not only consume a lot of time to correct them but can also cause delays and losses. Some types of errors may also cause penalties and loss of business
Exporting goods from one country to another requires fulfilling many documentation needs that are completely different from those of domestic trading within a country. In international trading, you may have to bear losses, penalties and delays without proper knowledge and expertise in preparing various documents and certificates. So, what is an export documentation process? Find
Though export documentation software tools have become popular, the main challenge regarding their use is the non-technical background of the actual users (exporters, their agents, and staff). In addition, the exporters are concerned about how one of these tools would meet their requirements in terms of cost and compliance. Here are some tips to choose
What is an RFP (Request for Permits)? The Export Control Act of 1982 in Australia instructs the exporters of commodities in categories like horticulture, dairy, meat, and fish to obtain an export permit. For this, they need to lodge a request for permits in the prescribed format with the Department of Agriculture and Water Resources
The exporters preparing to export their first consignment may need to obtain customs clearance. An important part of the process is obtaining the EDN. What is an EDN (Export Declaration Number)? How to apply for it? What are its uses? Find out answers to each of these questions below. Introduction to EDN [Export Declaration Number]
Switching from paper-based to software-aided documentation procedures was a good step many exporters took years ago. The need of the hour, however, is to transit to cloud-based export documentation as it is the next level in preparing a complete set of trade documents. So, whether you are still manually preparing the export documents or using