International growth adds more than a new currency. It adds new pressure across purchasing, pricing, stock, orders, fulfilment and reporting. UN Trade and Development estimated that business e-commerce sales across 43 developed and developing economies reached almost $27 trillion in 2022. Its 2024 study also estimated that digitally ordered exports from those economies were worth […]
“We’re Global Now!” Great. So where’s your stock? What currency’s it in? And who’s keeping track? Going global sounds slick. But behind the scenes? It’s not always what it seems.You’re buying in 3 currencies. Selling in 5. Stock’s moving across borders and your systems are pretending everything’s fine. They’re not. What Most Businesses Think They’re […]
The number of trade regulations has increased by over 30% in the past five years, complicating the compliance landscape for international traders” (International Trade Administration, 2023). The above highlights how complicated it can be just to export your goods when trading overseas. Managing the dispatch process and its associated customs documentation efficiently is essential for […]