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Ways to improve your import export business now

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As an importer and exporter, your business is subject to the ebb and flow of global consumer sentiment and geo-national politics. It’s stressful and difficult enough to watch out for global headwinds and to keep an eye on your import-export business as well. Not to fear, The presentation will show 5 tips you can use to improve your trading business right now.

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Ways to improve your import export business now

  1. 1. 5 WAYS TO IMPROVE YOUR IMPORT-EXPORT BUSINESS NOW www.EmergeApp.net
  2. 2. AS AN IMPORTER AND EXPORTER Your business is subject to Ebb and flow of global consumer sentiment and geo-national politics
  3. 3. RUN ON GLOBAL TIME 1
  4. 4. IMPORT-EXPORT BUSINESS RUNS 24/7 While you’re sleeping, the rest of the world is waking up to another day and business continues at a steady pace
  5. 5. ASYNCHRONOUS MEANS OF COMMUNICATION Run your business and workflows in the cloud. Nobody uses fax machines anymore
  6. 6. FOLLOW WHAT YOUR CUSTOMERS AND SUPPLIERS USE China WeChat States Facebook Messeng er Japan and South Korea LINE messaging app Europe and South- East Asia WhatsApp
  7. 7. UNDERSTAND DIFFERENT CULTURES 2
  8. 8. BUILDING THE RELATIONSHIP Take the effort to understand each country’s culture in a deeper way, and pick up a few words in the process
  9. 9. YOUR BUSINESS CARD REPRESENTS YOU Your business card is an extension of you. Present your business card with two hands. Likewise, receive another’s card with two hands and take your time to read and study it
  10. 10. MANAGE MULTIPLE CURRENCIES 3
  11. 11. MULTIPLE CURRENCIES One good reason to use a software solution is to manage multiple currencies for your customers, suppliers, sales and financial reports
  12. 12. INTERNATIONAL CURRENCIES Inventory management software such as EMERGE App allows you to use as many currencies as you need in your business
  13. 13. EXPEDITE OPERATIONAL WORKFLOW 4
  14. 14. AUTOMATE WHERE POSSIBLE Another good reason to use inventory management software is to introduce efficiencies into your operational workflow wherever possible
  15. 15. USE TIME-SAVING SHORTCUTS Use barcode technology to dispatch your products before shipping them out. This means a faster and more accurate workflow
  16. 16. EMERGE App will automatically adjust the in-stock quantity in your warehouse
  17. 17. KEEP AN EYE ON CASH FLOW 5
  18. 18. CASH FLOW Cash flow is the bane of any business, whether small or large. But as you know, for those doing international trade the risks are magnified
  19. 19. SOME WAYS TO SPEED TO MARKET  Sourcing suppliers and manufacturers from trade portals or overseas trade exhibitions  Check for quality control  Consider engaging a customs broker to expedite your imports through customs  Reduce some of the shipping costs by using your own freight forwarder.
  20. 20. CASH FLOW Use the software’s (Inventory Management Software Features) time-saving and clever tips to improve your operations and manage risks elsewhere in your business
  21. 21. READ THE ENTIRE BLOG https://emergeapp.net/sales /improve-your-import- export-business-now/

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