Jasmine Gladstone

If you can find foreign distributors for your product, you'll be able to simply sell them your products and let them worry about reselling them at a profit in their domestic markets. Distributors are nice because they can offer foreign customers top-notch service and are easier for you to deal with because they typically buy enough of your product to build up an inventory. You may be able to find a foreign distributor by simply looking around your home city or state for a foreign company with your country representative. Trade groups, foreign chambers of commerce in your country and branches of your country's chambers of commerce in foreign countries are all good places to start your search for a foreign distributor. International business consultants can provide valuable help when you are first trying to evaluate a foreign distributor. The best distributor will be one with a track record selling to the companies or consumers who fit into your product's target markets. Unless you're fluent in the language of the country you're selling to, you should choose a distributor who can speak your language well. You'll want prompt, competent responses to your requests for information or service. Make sure your phone calls, faxes and e-mails are answered in a timely, satisfactory fashion. Meet your prospects in person, and, as always, get and check references.

Even if you decide to set up a shop to sell imported rugs from Nepal, there will be many places in Nepal from which you can obtain your sales product. You will have to weigh the variety of your sales stock with the complexity of juggling multiple suppliers. In some cases the manufacturer may want you to sell only its own product line; be sure to consider whether it is extensive enough to meet your demand. You could also turn exclusivity into an advantage if you respond with a request that you be the exclusive importer in your market. Conversely, if you have only one supplier and it fails to deliver the products, you have no fall back for your customers.

EAR99 is a classification for an item. It indicates that a particular item is subject to the EAR, but not specifically described by an Export Control Classification Number (ECCN) on the Commerce Control List (CCL). While the classification describes the item, the authorization for shipment of that item may change, depending on the circumstances of the transaction. NLR stands for the "No License Required" designation. NLR may be used for either EAR99 items, or items on the CCL that do not require a license for the destination. However, exports of an EAR99 item to an embargoed country, an end-user of concern, or in support of a prohibited end-use may require an export license.

Transit time is one of the most critical factors in logistics as goods must be delivered at their intended destination at the right time. Shipment delays are caused by various factors. Some of the reasons include vessel delays, logistic constraints and lack of proper coordination of the freights. Vessel delays occur due to factors such as port congestion, bad weather, changes in service schedules and shortage of equipment and space in the vessel. Lack of storage equipment such as containers lead to delayed delivery times as it is critical that service providers wait until appropriate space is attained. Changes in service can be noted in the deviation from the routine routes and if the vessel has to make additional stops. Port congestion leads to delays due to slow movement and handling of the containers. In other cases a delay may arise when the client’s container cannot be located or when the shipment is lost or stolen. Lack of space can result in the event that the vessels are overbooked the client may thus be forced to roll the transportation to the next shipment in which case the client must wait for longer periods. In order to avoid cargo delays It is essential to check and consider the expected weather conditions, holidays in various parts of the world and make a plan based on the evaluated factors. Necessary documentation is key to solving any problem caused by delay as the destinations and routes are taken into consideration.

Standard International Trade Classification is a classification of goods used to classify the exports and imports of a country to enable comparing different countries and years. The classification system is maintained by the United Nations. The SITC classification, is currently at revision four, which was promulgated in 2006. The SITC is recommended only for analytical purposes - trade statistics are recommended to be collected and compiled in the Harmonized System instead. United Nations Statistics Division states : For compiling international trade statistics on all merchandise entering international trade, and to promote international comparability of international trade statistics. The commodity groupings of SITC reflect the materials used in production, the processing stage, market practices and uses of the products, the importance of the commodities in terms of world trade, and technological changes.