Importing – Ways to Save Money
Part of a global strategy to become a competitive force in the marketplace is to lower prices and increase profit margins. Importing goods is certainly an option.
Here are a few thoughts to save money on importing [from importexport.about.com] :
- Order it on the cheap. Shop around. You might be surprised at how manufacturers in countries with low labor costs can produce goods at remarkably cheap prices.
- Buy large quantities to keep your transportation cost down. Purchasing larger quantities keeps the price per unit down and can lower transportation costs.
- Purchase the same product in different colors. Ask your supplier to provide several different colors to spread the investment over many SKUs to save money.
- Establish creative payment terms. Ask your supplier for a time payment, usually 30, 60, 90, or even up to 180 days to pay the amount in full after title to the goods is transferred to you. Importers prefer this payment method, but work with your supplier for a win-win.
To read more: import
If you have questions about importing, please feel to contact us here at Superior Freight Services, Inc. – superior@supfrt.com
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