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Export 101: The Export Transaction Flowchart

Export 101: The Export Transaction Flowchart. Export Transaction Flow Chart. BUSINESS IS INTERESTED IN EXPORTING. RESEARCHES & STUDIES INFORMATION ON EXPORT. BUSINESS IS INTERESTED IN EXPORTING. TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS. RESEARCHES & STUDIES

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Export 101: The Export Transaction Flowchart

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  1. Export 101: The Export Transaction Flowchart

  2. Export Transaction Flow Chart BUSINESS IS INTERESTED IN EXPORTING RESEARCHES & STUDIES INFORMATION ON EXPORT

  3. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS RESEARCHES & STUDIES INFORMATION ON EXPORT

  4. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT

  5. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT CONDUCTS PRODUCT & COUNTRY MARKET RESEARCH & PROFILES

  6. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT DEVELOPS MARKETING PLAN & EXPORT STRATEGY CONDUCTS PRODUCT & COUNTRY MARKET RESEARCH & PROFILES

  7. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT BUSINESS LEARNS OF EXPORT OPPORTUNITIES DEVELOPS MARKETING PLAN & EXPORT STRATEGY CONDUCTS PRODUCT & COUNTRY MARKET RESEARCH & PROFILES

  8. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT BUSINESS LEARNS OF EXPORT OPPORTUNITIES DEVELOPS MARKETING PLAN & EXPORT STRATEGY CONDUCTS PRODUCT & COUNTRY MARKET RESEARCH & PROFILES LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION

  9. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT BUSINESS LEARNS OF EXPORT OPPORTUNITIES DEVELOPS MARKETING PLAN & EXPORT STRATEGY CONDUCTS PRODUCT & COUNTRY MARKET RESEARCH & PROFILES LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION HOT !!!

  10. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT BUSINESS LEARNS OF EXPORT OPPORTUNITIES DEVELOPS MARKETING PLAN & EXPORT STRATEGY CONDUCTS PRODUCT & COUNTRY MARKET RESEARCH & PROFILES LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION WARM HOT !!!

  11. BUSINESS IS INTERESTED IN EXPORTING TALKS TO OTHER EXPORTERS, ATTENDS SEMINARS & WORKSHOPS TAKES ACTION TO GET INTO TRADE LEAD SYSTEM & EXPORT NETWORKS RESEARCHES & STUDIES INFORMATION ON EXPORT BUSINESS LEARNS ABOUT EXPORT OPPORTUNITIES DEVELOPS MARKETING PLAN & EXPORT STRATEGY CONDUCTS PRODUCT & COUNTRY MARKET RESEARCH & PROFILES LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION WARM COLD HOT !!!

  12. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION ADDS BUYERS NAME TO DATA BASE

  13. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION • REVIEWS REQUEST • DETERMINES CAPABILITY • Production • Technical • Packaging • CHECKS MARKET PRICES • CHECKS AVAILABILITY • DETERMINES COSTS AND • ESTABLISHES PRICES • ESTABLISHES PRODUCT • REQUIREMENTS • Health, Packaging, • Weight, Etc. • CONTACTS APPROPRIATE • REGULATORY AGENCIES • CONTACTS A FREIGHT • FORWARDER • DETERMINES REQUIREMENTS • CAN OR CANNOT BE MET ADDS BUYERS NAME TO DATA BASE

  14. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION • REVIEWS REQUEST • DETERMINES CAPABILITY • Production • Technical • Packaging • CHECKS MARKET PRICES • CHECKS AVAILABILITY • DETERMINES COSTS AND • ESTABLISHES PRICES • ESTABLISHES PRODUCT • REQUIREMENTS • Health, Packaging, • Weight, Etc. • CONTACTS APPROPRIATE • REGULATORY AGENCIES • CONTACTS A FREIGHT • FORWARDER • DETERMINES REQUIREMENTS • CAN OR CANNOT BE MET ADDS BUYERS NAME TO DATA BASE DECIDES NOT TO QUOTE AT THIS TIME STOP

  15. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION • REVIEWS REQUEST • DETERMINES CAPABILITY • Production • Technical • Packaging • CHECKS MARKET PRICES • CHECKS AVAILABILITY • DETERMINES COSTS AND • ESTABLISHES PRICES • ESTABLISHES PRODUCT • REQUIREMENTS • Health, Packaging, • Weight, Etc. • CONTACTS APPROPRIATE • REGULATORY AGENCIES • CONTACTS A FREIGHT • FORWARDER • DETERMINES REQUIREMENTS • CAN OR CANNOT BE MET ADDS BUYERS NAME TO DATA BASE DECIDES TO QUOTE AT THIS TIME

  16. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION • REVIEWS REQUEST • DETERMINES CAPABILITY • Production • Technical • Packaging • CHECKS MARKET PRICES • CHECKS AVAILABILITY • DETERMINES COSTS AND • ESTABLISHES PRICES • ESTABLISHES PRODUCT • REQUIREMENTS • Health, Packaging, • Weight, Etc. • CONTACTS APPROPRIATE • REGULATORY AGENCIES • CONTACTS A FREIGHT • FORWARDER • DETERMINES REQUIREMENTS • CAN OR CANNOT BE MET ADDS BUYERS NAME TO DATA BASE SENDS INTRODUCTION FAX OR ASK FOR MORE INFORMATION, OR DECIDES TO QUOTE AT THIS TIME

  17. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION • REVIEWS REQUEST • DETERMINES CAPABILITY • Production • Technical • Packaging • CHECKS MARKET PRICES • CHECKS AVAILABILITY • DETERMINES COSTS AND • ESTABLISHES PRICES • ESTABLISHES PRODUCT • REQUIREMENTS • Health, packaging, • Weight, Etc. • CONTACTS APPROPRIATE • REGULATORY AGENCIES • CONTACTS A FREIGHT • FORWARDER • DETERMINES REQUIREMENTS • CAN OR CANNOT BE MET ADDS BUYERS NAME TO DATA BASE SENDS INTRODUCTION FAX OR ASKS FOR MORE INFORMATION, OR DECIDES TO QUOTE AT THIS TIME • FIGURES QUOTATION • PREPARES PROFORMA INVOICE • Offers terms of sale • Shipping time frame • Exact product description • Packaging • Terms of payment • Etc.

  18. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION • REVIEWS REQUEST • DETERMINES CAPABILITY • Production • Technical • Packaging • CHECKS MARKET PRICES • CHECKS AVAILABILITY • DETERMINES COSTS AND • ESTABLISHES PRICES • ESTABLISHES PRODUCT • REQUIREMENTS • Health, Packaging, • Weight, Etc. • CONTACTS APPROPRIATE • REGULATORY AGENCIES • CONTACTS A FREIGHT • FORWARDER • DETERMINES REQUIREMENTS • CAN OR CANNOT BE MET ADDS BUYERS NAME TO DATA BASE SENDS INTRODUCTION FAX OR ASKS FOR MORE INFORMATION, OR DECIDES TO QUOTE AT THIS TIME • FIGURES QUOTATION • PREPARES PROFORMA INVOICE • Offers terms of sale • Shipping time frame • Exact product description • Packaging • Terms of payment • Etc. MAKES OFFER TO BUYER

  19. LEARNS OF BUYER’S NAME OR REQUEST FOR QUOTATION • REVIEWS REQUEST • DETERMINES CAPABILITY • Production • Technical • Packaging • CHECKS MARKET PRICES • CHECKS AVAILABILITY • DETERMINES COSTS AND • ESTABLISHES PRICES • ESTABLISHES PRODUCT • REQUIREMENTS • Health, packaging, • Weight, Etc. • CONTACTS APPROPRIATE • REGULATORY AGENCIES • CONTACTS A FREIGHT • FORWARDER • DETERMINES REQUIREMENTS • CAN OR CANNOT BE MET ADDS BUYERS NAME TO DATA BASE SENDS INTRODUCTION FAX OR ASKS FOR MORE INFORMATION, OR DECIDES TO QUOTE AT THIS TIME • FIGURES QUOTATION • PREPARES PROFORMA INVOICE • Offers terms of sale • Shipping time frame • Exact product description • Packaging • Terms of payment • Etc. MAKES OFFER TO BUYER BUYER DOES NOT RESPOND STOP

  20. MAKES OFFER TO BUYER BUYER DOES RESPOND

  21. MAKES OFFER TO BUYER BUYER DOES RESPOND QUOTE IS COUNTERED

  22. MAKES OFFER TO BUYER BUYER DOES RESPOND QUOTE IS COUNTERED BUYER DOES NOT ACCEPT QUOTE STOP

  23. MAKES OFFER TO BUYER BUYER DOES RESPOND QUOTE IS COUNTERED BUYER ACCEPTS QUOTE

  24. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE

  25. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER

  26. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CANNOT COMPLY WITH TERMS & CONDITIONS

  27. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CANNOT COMPLY WITH TERMS & CONDITIONS ASKS BUYER FOR AMENDMENT

  28. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE STOP REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CANNOT COMPLY WITH TERMS & CONDITIONS DOES NOT RECEIVE AMENDMENT ASKS BUYER FOR AMENDMENT

  29. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CANNOT COMPLY WITH TERMS & CONDITIONS ASKS BUYER FOR AMENDMENT

  30. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CANNOT COMPLY WITH TERMS & CONDITIONS ASKS BUYER FOR AMENDMENT RECEIVES AMENDMENT

  31. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CANNOT COMPLY WITH TERMS & CONDITIONS ASKS BUYER FOR AMENDMENT BEGINS PROCESSING ORDER OR BEGINS MANUFACTURING RECEIVES AMENDMENT

  32. Sometimes... it is a perfect world <smile>! Arghhh!!! It is just not fair! I did my homework.. I don’t understand! Why me?

  33. MAKES OFFER TO BUYER BUYER DOES RESPOND QUOTE IS COUNTERED SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CAN COMPLY WITH TERMS & CONDITIONS ASKS BUYER FOR AMENDMENT

  34. MAKES OFFER TO BUYER BUYER DOES RESPOND SELLER RECEIVES LETTER OF CREDIT BUYER ACCEPTS QUOTE REVIEWS L/C TALKS WITH BANK & FREIGHT FORWARDER CAN COMPLY WITH TERMS & CONDITIONS BEGINS PROCESSING ORDER OR BEGINS MANUFACTURING

  35. COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS

  36. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS

  37. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT

  38. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT PRODUCT IN TRANSIT

  39. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT CLEAN ON BOARD BILL OF LADING OR AIR WAYBILL ISSUED PRODUCT IN TRANSIT

  40. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT CLEAN ON BOARD BILL OF LADING OR AIR WAYBILL ISSUED PRODUCT IN TRANSIT SHIPPING DOCUMENTS COMPLETED & COMPILED

  41. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT CLEAN ON BOARD BILL OF LADING OR AIR WAYBILL ISSUED PRODUCT IN TRANSIT SHIPPING DOCUMENTS COMPLETED & COMPILED L/C & DOCUMENTS PRESENTED TO BANK FOR NEGOTIATION

  42. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT CLEAN ON BOARD BILL OF LADING OR AIR WAYBILL ISSUED PRODUCT IN TRANSIT SHIPPING DOCUMENTS COMPLETED & COMPILED DISCREPANCIES FOUND IN DOCUMENTS SHIPPER NOT PAID L/C & DOCUMENTS PRESENTED TO BANK FOR NEGOTIATION

  43. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT CLEAN ON BOARD BILL OF LADING OR AIR WAYBILL ISSUED PRODUCT IN TRANSIT SHIPPING DOCUMENTS COMPLETED & COMPILED L/C & DOCUMENTS PRESENTED TO BANK FOR NEGOTIATION

  44. PRODUCT SHIPPED TO PORT OF EXIT COORDINATION OF SHIPMENT • FREIGHT FORWARDER • Dates & times • Last date of delivery to port • Off-load arrangements • Documentation • Legalization • Ocean or air booking • Drayage • Stowage • SHIPPING DEPARTMENT • Packaging and export packaging • BANK L/C DISCREPANCY OFFICER • MONITORS PROGRESS PRODUCT LOADED ON VESSEL OR AIRCRAFT CLEAN ON BOARD BILL OF LADING OR AIR WAYBILL ISSUED PRODUCT IN TRANSIT SHIPPING DOCUMENTS COMPLETED & COMPILED DOCUMENTS NEGOTIATED & ACCEPTED SHIPPER PAID L/C & DOCUMENTS PRESENTED TO BANK FOR NEGOTIATION

  45. SHIPPER PAID DOCUMENTS FORWARDED TO BANK

  46. BUYER’S BANK COLLECTS PAYMENT FROM BUYER SHIPPER PAID DOCUMENTS FORWARDED TO BANK

  47. BUYER’S BANK COLLECTS PAYMENT FROM BUYER BUYER RECEIVES DOCUMENTS SHIPPER PAID DOCUMENTS FORWARDED TO BANK

  48. BUYER’S BANK COLLECTS PAYMENT FROM BUYER BUYER RECEIVES DOCUMENTS SHIPPER PAID DOCUMENTS FORWARDED TO BANK BUYER CLEARS CUSTOMS & TAKES POSSESSION OF GOODS

  49. BUYER’S BANK COLLECTS PAYMENT FROM BUYER BUYER RECEIVES DOCUMENTS SHIPPER PAID DOCUMENTS FORWARDED TO BANK BUYER CLEARS CUSTOMS & TAKES POSSESSION OF GOODS SHIPPER PAID

  50. SHIPPER’S BANK REQUESTS BUYER’S BANK FOR BUYERS ACCEPTANCE SHIPPER NOT PAID

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