Revealing processing trade: How foreign trade companies can use it to make big money?
May 22, 2025
Processing trade is a trade model where enterprises import raw materials for processing and then export the finished products, which can reduce production costs and enhance international competitiveness. The operation process includes contract signing, customs declaration for import, processing production, and customs declaration for export. Enterprises need to pay attention to issues such as tariffs, logistics, and quality control. Proper planning can make it an effective way for foreign trade profitability.
Practical guide for Re-export trade: How to protect supplier channels and risk control!
20 May 2024
Maintain strategies for protecting supplier information, filling in receipt addresses, dual customs clearance, dividing contractual liability and risk control in transfer trade.
The impact of rising cotton prices on the textile industry: Cotton spinning companies are facing challenges and market demand is weakening
19 June 2023
Since May 4, this year, cotton prices have been on the rise, bringing positive offers for relevant trade enterprises, but for cotton and textile enterprises, it is facing the soft cotton market environment. Although the rise in cotton prices has led to the rise in the prices of related products, because of the downstream demand not too much up, it is not possible to provide long-term support for upstream prices.
In cross-border procurement, how much does exchange rate fluctuations affect the business?
11 April 2023
In the transnational procurement business, exchange rate fluctuations are a regular problem that can have adverse effects on the business.
Choosing the right supplier is the primary part of supplier management
4 April 2023
Supplier management is a very important link in the enterprise, it includes choosing the right suppliers, establishing a stable supply chain relationship, managing the performance of suppliers, assessing the risk of suppliers, etc. In an increasingly competitive market environment, excellent supplier management can effectively improve the procurement efficiency of the enterprise, control the cost of procurement, but also improve the quality of products and services.
What are the reasonable procurement strategies for enterprises to formulate?
3 April 2023
The procurement strategy is the planning and methodology the enterprise follows in the procurement process, which directly affects the cost, quality, delivery time and so on. Therefore, developing a reasonable procurement strategy is crucial to the business management of the enterprise.
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