Tag: cargo_insurance

Safety in the Import/Export of food: A Balancing Act Between Industry & Government

Safety in the Import/Export of food: A Balancing Act Between Industry & Government

As global trade continues to expand and developing countries increase their presence in international trade, the food industry and its regulators need to be aware of the risks and prepare for the issues that can occur. Reducing this risk throughout the global supply chain requires that the industry produce safe, high-quality food and that all governments have food-control systems in…

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6 Steps for Building a Successful Export Strategy

6 Steps for Building a Successful Export Strategy

6 Steps for Building a Successful Export Strategy Start an Export Market Expansion Program Organize the Program Designate program leaders and export teams. Summarize baseline company and export history. Benchmark Company Preparedness Conduct an export benchmark assessment. Summarize significant findings and define action steps that will need to be implemented. Define Export Outcomes Determine your company’s rationale for expanding exports.…

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Foreign exchange market terms

Foreign exchange market terms

PIP: In the announcement of rates, every 0.0001 change is called a pip (PIP) and in the change of the yen rate, every 0.01 change is called a pip. There are two rates in a trade. Rate of purchase from you (Bid) and sale to you (Ask). It is natural that the rate of sale to you is higher than…

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The importance of the medical equipment trade and the role of the WHO

The importance of the medical equipment trade and the role of the WHO

The importance of the medical equipment trade and the role of the WHO Economic aspects of medical devices Tracking and explaining the growth in health spending in all national systems has been a prominent concern in governmental, academic and industrial research in both developing and developed countries. Many studies have shown that technological changes in health care, especially medical devices…

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