How to Become a Better Exporter in 6 Steps

1. How to Become a Better Exporter in 6 Steps

2. United States is currently the world’s largest economy and the largest exporter and importer of goods and services

3. $2.1 Trillion 2011

5. Calculate Landed Costs Upfront 1

6. Landed costs can quickly add up as hidden costs What Are Landed Costs? Marketplace competition means maintaining profit margins is critical for your customers Landed costs are expenses that need to be paid when you ship products from one country to the doorstep of the customer in another country “True” cost of purchasing your goods

7. Add and manage all your landed costs easily in EMERGE App

8. Why Landed Costs Matter for Exporters Landed costs aren’t just a worry for importers. Exporters need to know that landed costs aren’t just simply cost + insurance + freight

9. Assess Shipping Costs and Avoid Customs Delays 2

10. Accurate Calculation of Shipping Costs Shippers typically charge the higher of actual weight or volumetric weight

11. How many products can fit in a standard shipping container? Should you go for a Full Container Load (FCL) or Less than Container Load (LCL) Knowing your shipment’s CBM will help you decide these

12. Enter your product’s packing dimensions in EMERGE App and it will automatically calculate its CBM in your packing list

13. Avoid this by providing a clear listing of the shipment’s contents, value and harmonised tariff codes EMERGE App lets you download a convenient packing list for customs purposes Customs Delays

14. Deal with International Currencies 3

15. FOREIGN EXCHANGE MARKET IS EXTREMELY VOLATILE

16. A price that you agree upon with your international customer could rise or fall depending on the exchange rate afterwards You could simply adopt a default currency for your business, say US Dollars or the Euro, and then have your customers bear the foreign exchange risk themselves

18. Manage International Taxes 4

19. Keeping An Eye on Tax Changes India exempted exporters from sales tax and other levies. With the introduction of GST, exporters now need to pay Integrated GST (IGST) first and then seek a refund after the goods are exported

20. How Software Can Help You EMERGE App allows you to enter and define whatever taxes you need at the national or state level. You’re covered for current and future taxes as there’s no restriction on the rate and description of the taxes

21. Achieve Operations Efficiency 5

22. Dispatch Your Goods with Barcode Reconciliation EMERGE App has a time-saving barcode scanning and dispatch feature for your order fulfilment team. This allows you to reconcile the items in a shipment before shipping them out

23. Setup Multiple Warehouse Locations EMERGE App allows you to add as many warehouse locations as you need. Like international currency, you choose a default warehouse and then pick your overseas warehouse locations when needed in your sales orders

24. Work Across Different Countries and Time Zones 6

25. Thin & Light Apps Are In EMERGE App supports all current web technologies and standards. While it performs best on a desktop or notebook computer, it’s equally at home on a mobile tablet or any thin and lightweight client device

26. Collaborate with Tasks & Notes EMERGE App has a unique tasks and notes feature built-in just about everywhere. You’ll find it in records for customers, suppliers, quotations, orders, shipments, receive notes and invoices

27. Manage Different Users Finally, multiple users across different time zones mean having robust employee access permissions. User management means that Tom from Sales shouldn’t be peeking around Sally’s reports in Finance. EMERGE App has a robust inventory management system for such scenarios

28. SO WHAT DOES THIS ALL MEAN FOR YOU?

29. STEPS ARE NOT A QUICK CURE FOR ANY EXPORT BUSINESS But above some or all of them will help you mitigate these risks and pain points and become a better exporter

30. MORE INFORMATION https://emergeapp.net/sale s/how-to-become-a-better- exporter-in-6-steps/