Your supply chain partner
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The foreign procurement process refers to the steps and procedures involved in acquiring goods or services from suppliers located in other countries. Here is a general overview of the foreign/international procurement process: 1. Identify the Need: Determine the goods or…
In the realm of global commerce, successful transactions rely heavily on clear communication and well-defined terms. This is where Incoterms come into play. Incoterms, short for International Commercial Terms, are a set of standardized rules developed by the International Chamber…
Over 200 countries and 98% of world trade use this product nomenclature system – known as “Harmonized System” – regulated by the World Customs Organization. Harmonized System (HS) Code The Harmonized System (HS) code is a standardized numerical method of identifying products…
Foreign procurement is the process of sourcing goods and services from suppliers outside of one’s home country. It can be a complex and time-consuming process, but it can also offer significant benefits, such as access to lower prices, higher quality…
In a dynamic global trade landscape, the core of success lies in effective supply chain management. In the bustling economic hub of Bangladesh, where industries thrive and innovation is encouraged, the importance of a strong supply chain cannot be overstated.Businesses…
