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Your IP: 18.118.140.108
2024-04-19 23:24
» Execute an Order (Processing Of An Export Order )
When you successfully receive the order then process the order carefully. There are various steps involved in processing of an export order.
Step 1
The exporter should write a simple letter to the buyer thanking him for the export order and stating that the confirmation of the some would be sent.
Step 2
The export order should be examined carefully and its contents scrutinizes in terms of the profoma invoice/contract sent to the buyer, on the following steps
* The exporter should reconfirm the source of the supply of the product. If exporter is manufacturer exporter and manufacturer the product or his is merchant exporter then purchase the product.
* Size and specification should be same as per your offer/quotation.
* Arrange the re shipment inspection. if the buyer desire the inspection to be done by an agents/agency of his choice, financial and physical aspect of inspection should be examine and communication to the buyer.
Now it is time for packing, packaging and labeling
* The exporter should reconfirm the source of the supply of the product. If exporter is manufacturer exporter and manufacturer the product or his is merchant exporter then purchase the product.
* Size and specification should be same as per your offer/quotation.
* Arrange the re shipment inspection. if the buyer desire the inspection to be done by an agents/agency of his choice, financial and physical aspect of inspection should be examine and communication to the buyer.
Now it is time for packing, packaging and labeling
Step 3 :- Reserve the shipping space
The exporter should make reservation of cargo space for air freighting or freighting of the export consignment as per the delivery period commitments made to the buyer. You can also take the services of clearing and forwarding agents for obtained space.
Step 4
If your product is in the list of restricted item then apply for the grant of export authorization.
Step 5: - Submit the document to the bank
Prepare the document required in export order and submit the document to your bank. Ensure the following things before submitting the documents to bank
* You have the correct number of copies of each documents and they carry information called for.
* The document name must match exactly what the L/C or contact calls for.
* Name and address of importer should be correct and same in each document.
* Complete set of document required by buyer
* the description of goods should be same.
* You have the correct number of copies of each documents and they carry information called for.
* The document name must match exactly what the L/C or contact calls for.
* Name and address of importer should be correct and same in each document.
* Complete set of document required by buyer
* the description of goods should be same.
» Clearing and forwarding (C&F) agents
It is essential in export trade that the shipment of goods is sent to the buyer in time. Infact timely delivery is one of the conditions of the export trade. No exporter can relax on this aspect. He should ensure smooth and timely shipment of goods. Clearing and forwarding agents provide this service. Clearing and forwarding (C&F) agents provides services to an exporter to ensure smooth and timely shipment of goods. The clearing and forwarding (C&F) agents provides various essential and desirable services.
these are as follow
these are as follow
Essential services
* Warehousing facilities before the goods are transported to docks/port
* Transportation of goods to docks and arrangement of warehousing at port
* Booking of shipment space and air fright space.
* Arrangement for shipment to be on board
* obtaining marine insurance policy
* Preparation and presenting of shipping documents, bill of lading, dock receipt, export declaration and extra
* Transportation of goods to docks and arrangement of warehousing at port
* Booking of shipment space and air fright space.
* Arrangement for shipment to be on board
* obtaining marine insurance policy
* Preparation and presenting of shipping documents, bill of lading, dock receipt, export declaration and extra
Desirable services
* Warehousing facilities abroad, at least in major international market, in case of importer refuse to take delivery of the goods for any reason.
* He can trace the goods, if shipment goes as tray, through his international connection
* Arrangement for assessing damage to the shipment.
* He can trace the goods, if shipment goes as tray, through his international connection
* Arrangement for assessing damage to the shipment.