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Monday, March 30, 2015

Small Enterprises And International Shipping Requirements

By Belinda Norbert


Small export businesses have to be well-informed about the nitty-gritty of international shipping. For a start, tariff concerns are important. Tariffs (import and export duties) are imposed by governments on imported products. Each country has different laws. Therefore, conduct your research regarding taxes. Find out the type of goods allowed as well as those which are prohibited.

For overseas shipping, it is important to understand terms in international commerce. There are trade policies that determine accurate delivery conditions that both parties must understand. Such conditions include delivery of consignment; liability for insurance coverage; handling of detailed processes like cargo loading and unloading. Said terms and conditions in trading are practiced by most governments worldwide.

International shipping cost is often a serious concern. The fee can be the same as your consignment or even more. In fact, some cargo must be transported through airfreight. If this happens, costs will definitely increase. At the same time, the address should always be precise. Otherwise, this can cause bigger problems and additional expense. For instance, international zip codes vary. These are not always the same five digits which are known as the standard for codes. Certain computer systems have not been configured for this purpose. That is why you should always have the correct and complete address indicated.

How about returns? It is not rally practical to provide returns on stuff shipped out of the country. For one, the duties that you are bound to pay for returns are quite exorbitant. You need viable options to reduce costs. The shipping process, as a whole, is complicated. It can mean profitability or financial loss. The good news is automated shipping which means the process takes the form of a software application to make things less difficult for the business proprietor.

Another concern is consolidated warehousing. Your products will be mixed with other merchandise if you do not have an exclusive shipping container. If your cargo requires consolidation, the goods will be stored in a warehouse which is often in the port of origin. The other essential aspects are port of export; fees for port of origin; and, terminal handling charges. These should be included in the estimates.

Adhere to universal protocol. Your products have to follow the mandated packaging policies. Read through the contracts carefully before sending any item. All invoices must be available and secured on the parcel for customs declaration and inspection. Keep a second copy of all invoices for your own protection.




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