Podcast – The Future of Global Supply Chains
The Import Export Podcast Global supply chains are at the start of a digital revolution. Brian from the Worldwide Supply Chain Network discusses how Global Supply Chains are being affected by Brexit, Tariff updates, trade wars and digital innovations. We discuss how businesses involved in the import export process can minimize the impact these changes […]
The difference between accounting invoices and export invoices.
Companies shipping goods Internationally need to provide export invoices to meet trade compliance What is the difference between an accounting invoice and an export invoice? Standard ‘accounting invoices’ contain enough information to cover the requirements for domestic sales and transactions. The fields included on an accounting invoice is quite simple compared to an ‘export invoice’. […]
Phytosanitary Certificates used in Global Trade
Phytosanitary Certificates are required when exporting plants, plant products or other regulated articles. What is a Phytosanitary Certificate? A Phytosanitary Certificate is an official document required when shipping regulated articles such as plants, plant products or other regulated articles. A phyto certificate is an official document that is generated from the exporting country’s Department of […]
The difference between a Proforma Invoice and Commercial Invoice
Proforma Invoices and Commercial Invoices are important documents used in the global trade process. What is a Proforma Invoice? A Proforma Invoice document is an important sales document that is created by the seller of goods. When an International order is confirmed, the seller will create a Proforma Invoice document and send it to the […]
How to use Export documentation software in your import export business.
If you are involved in global trade, there’s a better way to create shipping documentation. If you’re running an import export business or trading company, you are already aware of all of the important export documents required to get products shipped overseas. Using Microsoft Word or Excel templates can be very time consuming and costly […]
The Export and Import Shipping Trade Guide
Global Trade gives importers and exporters all over the world endless opportunities to sell their products with anyone around the globe. You must clearly understand the procedures involved in global trade, it requires connecting with importers, exporters and shipping companies to communicate vital information and documentation to get products delivered around the world. Download the […]
Incoterms – The Complete Guide
What are Incoterms? IncoTerms are also referred to as International Commercial Terms, are a set of rules published by the International Chamber of Commerce (ICC), which relate to International Commercial Law. According to the ICC, ‘Incoterms rules provide internationally accepted definitions and rules of interpretation for most common commercial terms used in contracts for the […]
How to Calculate the Landed Cost of Imported Goods?
When sourcing products from overseas suppliers, it is essential to accurately calculate the Landed Cost of Imported Goods. In order to do that, you must clearly understand all of the additional costs and charges involved in the supply chain process. Before contacting an overseas supplier and get quotations for products, make sure you have a clear […]
Shipping Methods – Types and Containers Explained
When exporting goods from overseas, there are many different types of shipping methods to consider. It mainly depends on your product’s overall packing sizes, cubic measurement, or total weight. Shipping containers are the most efficient means of transport across the globe as they are designed to seamlessly transport between trucks, trailers, port handling equipment, shipping vessels and […]
An Overview of Shipping documents used in the Import / Export process.
The different types of sales and shipping documents used throughout the Import/Export process can seem confusing at first. You need to understand the process, which party is responsible for creating each document and when they need to be sent to each party in the supply chain process. IncoDocs makes it easy for Importers, Exporters and […]
HS Code Explained
What are HS Codes? HS Code, also known as Harmonized System Codes or Tariff Codes, are significant unique numbers that are used to determine different types of products all around the world. The HS Code has a minimum of 6 digits and can be up to 10 digits long. They are used to correctly identify […]
5 Tips For Better Sourcing Suppliers from Alibaba
Sourcing suppliers from Alibaba can be a quicker and cheaper option for your business. However, you must know what to look for and what to avoid. Finding the right supplier for your business is key to your import export success. There will be hundreds, if not thousands of different suppliers that can provide the product […]