enhance-delivery-service

6 Ways To Enhance Your Parcel Delivery Service In 2023

Technology has massively impacted virtually every industry, including e-commerce businesses. And one of the most important elements of an e-commerce business is package delivery. Bad courier services eventually impact your business reputation, which can result in losing customers. 

In today’s competitive business world, the market trends keep changing for courier service providers. With the new year around the corner, there must be some significant guidelines that should be followed to gain a competitive advantage. So, what methods can help a parcel delivery service grow in 2023? Let’s hash it out here.

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import-sunflower-oil-malaysia

How to Import Sunflower Oil from Malaysia ?

The whole world suffered from the consequences of the conflict between Ukraine and Russia, especially countries that imported goods from these countries. In Europe, for example, there was a shortage of oil for several weeks. The importers had to adapt to continue to obtain their products in other countries. This is the case with Malaysia, from which more and more sunflower oil is imported, and this is the subject of our article.

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FOB (free on board) Vs CFR (cost and freight) Incoterms explained

FOB (free on board) Vs CFR (cost and freight): Incoterms explained

For both buyers and sellers, the transportation of goods for international trade naturally involves costs, but also risks, which are shared by each party to the contract in varying proportions. This is why Incoterms were created : it is a kind of insurance that aims to protect buyers and sellers during transport links and transfers of goods. This tool was created by the International Chamber of Commerce and is the contraction of the English words International, Commercial and Terms (IN-CO-TERMS). In short, Incoterms designate a contract, signed between different parties (buyers and sellers), in the framework of commercial exchanges.

In this article, we come back to two incoterms applicable exclusively to maritime transport: FOB and CFR.

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Top 9 Companies Sourcing Malaysia

Top 9 Companies for Sourcing in Malaysia

The first step in the supply chain is the method of sourcing. It is a concern of reaching a balance between the quality of products and raw materials needed and their availability. The less money you spend, the more money you'll make. However, low-quality goods will not suffice. Sourcing involves locating the right suppliers who can provide the quality you require at a cost that allows you to maintain the required profit margin. When it comes to your bottom line, a strategic sourcing process can make or break you. Businesses frequently want to know the best way to communicate their product requirements to their supplier, as well as any inspection staff who may check an order before shipping. Here, you will see why it is important to have a quality control checklist and types of quality checks.

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