Common jargon and terminology for foreign trade freight

By Ultraman

Clearance: If the goods fail to be declared in time, or the declaration documents are incomplete, in order to catch up with the ship, we will handle it flexibly one day before the ship sails and strive to clear customs quickly. Dumping: Due to port congestion, the goods are detained because they cannot be released…

Two facts that foreign traders must know

By Ultraman

As Chinese enterprises accelerate their pace towards the international market, more and more small and medium-sized private enterprises begin to recruit and develop foreign markets. Quite a number of fresh graduates and other industry personnel have also applied for or changed jobs to become foreign trade salesmen. However, these enterprises often do not have mature…

Methods of transporting foreign trade goods

By Ultraman

International cargo transportation can be carried out by air or sea. The cost of air transportation is very high, but the handover is simple and the time is short. The goods are handed over to the transportation company and soon directly reach the hands of the customer without any special operation process. In addition, foreign…

Foreign trade preparation: Establish a complete product database

By Ultraman

For most small and medium-sized enterprises, their products do not have much advantage over their peers in terms of quality and price, especially in concentrated production areas of similar products. For example, dozens of factories in the entire county are all making ballpoint pens, and all of them have the same products. In this case,…

How to deal with the refusal to pay due to discrepancies in foreign trade

By Ultraman

If there are discrepancies, the issuing bank will routinely notify “refusal to pay”, so there is no need to panic for the time being. Contact the foreign merchant to explain the situation and ask the foreign merchant to contact the issuing bank directly to accept the discrepancies and pay. Generally speaking, foreign merchants who are…

Do the necessary preparations for foreign trade

By Ultraman

Necessary preparations for foreign trade include learning about foreign trade and becoming familiar with products. A good way to learn about foreign trade is to use documents as the center and key point, and to “string” together the various steps of the foreign trade process. Through factory business information, peer exchanges, and Internet downloads, collect…

Should all soft terms in foreign trade letters of credit be rejected?

By Ultraman

Originally, letters of credit are a very good settlement tool and financing means. In many cases, enterprises can rely on a reliable letter of credit to apply for a loan from a bank, or pre-discount the bank before receiving the payment (the bank charges a certain interest and advances part or all of the total…

Is shein fast fashion a dark horse?

By Ultraman

When talking about the dark horse in the fashion industry, we have to mention the Shein fast fashion brand. It is like a galloping dark horse, quickly breaking into the market and becoming popular. Shein is famous for its quick response to market demand and launching diversified and affordable fashion items. Let’s learn about what…

Importance of shein inventory management

By Ultraman

On the shein platform, inventory management is crucial for merchants. Only by effectively managing inventory can we ensure the timely supply of goods, avoid excessive backlogs or out-of-stock situations, and thus improve operational efficiency. Excellent inventory management can reduce inventory costs, improve capital turnover, and enhance corporate competitiveness. Let’s take a look at the importance…