What are the benefits of Export and Import Forfaiting?

In 2019, “Made in Germany” is still in demand, worldwide. Germany exported goods and services for more than 1.2 Trillion Euros across the globe, which is quite close to the increase rate in export Forfaiting to 68.1 Billion Euros per annum. Import Forfaiting increased similarly by 5.5% to 3.7 Billion Euros per annum. What is […]

Innovation in the “Mittelstand” – Exporting and Logistics 4.0

The Mittelstand is identified as the backbone of the German economy as it composes 99% of SME (small and medium-sized enterprise). The German Mittelstand comprises not only the majority of SMEs but also supplies more than 75% of all jobs in Germany. Innovation, in the age of digitalisation, is a requirement to survive. Similarly, Germany […]

Inbound Logistics vs. Outbound Logistics

In general, logistics is the management of the flow of goods from the point of origin to the location of consumption to meet the requirements of customers or companies. Basically, logistics involve two types of activities; Inbound Logistics or Outbound Logistics. Inbound Logistics refers to the sourcing, transport, expediting, storage, and receiving of goods coming […]

Trade War and its Impact on International Trade

A trade war is when there is an economic conflict between a nation which imposes tariffs or quotas, creation of trade barriers on imports and foreign countries retaliate with related sorts of trade protectionism. As it intensifies, a trade war reduces international trade. Of late, there have been a number of high-profile trade discussions taking […]

Benefits of implementing ERP Systems in the Logistics Industry

Every business has its own set of methods, products and services that makes it different. Considering the Shipping and Logistics industry is one of the largest growing industries in the world & over 90% of transportation and trade is carried via shipping and logistics. Without shipping and logistics, import & export of bulk goods & […]

Multimodal Transportation System

Multimodal transport is a new development in the goods transport system all around the world. It means carriage of goods by two or more modes of transport from one place to another. The main reason for using multiple kinds of transport is a faster and efficient delivery process. Multimodal Transportation System is a worldwide network […]

Certification required in Machinery Goods

Whether buying or selling machinery or another industrial product, one has to ensure that the equipment complies with standards of the country of export and import. A significant risk for exporters of machinery and capitals goods is goods seized by customs due to lack of certification. The investment made on machinery goods is high, so […]

Shipping Terms for International Trade: INCOTERMS

The International Commercial Terms or Incoterms are a set of rules which define the responsibilities of sellers and buyers for the delivery of goods under sales contracts in international business. There are series of three-letter pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. The Incoterms release a […]

What are the benefits of Export and Import Factoring?

In 2019, “Made in Germany” is still in demand worldwide. Germany exported goods and services of more than EUR 1.2 Trillion across the globe, growing at a similar rate to the growth of export factoring which currently sits at EUR 68.1 Billion per annum. Import factoring increased similarly by 5.5% to EUR 3.7 Billion per […]

Importance of Export Insurance

Today, in the world of International Business or Global Trade all countries are dependent on export and import of goods and services across international boundaries. However, all business transactions come with risks. When those risks involve dealing with companies overseas, the value and importance of sound Export-Import Insurance policies become ever more noticeable. What is […]