Companies venturing into product importation often lack an import/export department with language skills and negotiation expertise abroad. The most practical and cost-effective solution in such cases is to outsource international trade operations to a company that handles comprehensive management, but the choice must be made wisely.While it’s not always easy, finding the right import manager can save money, headaches, and ensure timely supply. Therefore, it’s advisable to consider all the elements and phases involved in foreign trade. Travel, sales team, supplier sourcing, negotiations, commercial agreements…Outsourcing import operations is a solution whereby companies streamline international procedures, saving time and costs in logistics and personnel.To import foreign products with guarantees, there are two alternatives: invest a significant amount of time and resources in hiring specialized personnel to manage imports, or outsource international trade operations through a company that has all the necessary structure.
Advantages of Outsourcing International Trade Operations
Although some dare to import on their own, experts advise starting with importation through a management company with experience in international markets. Outsourcing international trade operations is particularly advisable if importing from emerging markets or countries in development. In addition to the considerable savings in logistics structure, offices, personnel, and transportation, the importing company ensures that suppliers are solvent and reliable in terms of deadlines and production capacity.Attending sector-specific fairs to meet manufacturers and suppliers firsthand can be very beneficial. However, traveling independently can entail endless complications. Opting to outsource international trade operations through a company like Bull Importer can make the organized trip with a clear agenda much more productive.Another aspect that companies wishing to import often find complex is the large amount of documentation required for foreign operations. Commercial invoice, proforma invoice, certificate of origin, packing list (description of goods), Single Administrative Document (SAD), insurance, health certificates, choice of transportation, customs procedures…Bull Importer handles all the paperwork and issues a single invoice in euros to simplify the process.Choosing the supplier is one of the key factors for the success of the business operation. Market unfamiliarity can ruin many months of preparation if an agreement is signed with an unreliable supplier. Bull Importer researches manufacturers and suppliers to verify the company size, production capacity, financial solvency, and compliance with delivery deadlines.At Bull Importer, we also facilitate all other operation processes for our clients:
- Payment methods. Depending on the country of origin and the order volume, you can opt for bank transfer or payment order, which is the simplest, most economical, and secure method.
- Transportation. The chosen means of transportation is crucial in the logistics of international trade operations. Goods can be received by road, sea, and air, but each method has associated costs and times. Depending on the type and volume of goods, we advise you to choose one or the other. In general, for large volumes from distant origins, sea transportation is the most economical option.
- Delivery terms or Incoterms. These are used to specify the place and manner of goods delivery. There are different distribution modalities for expenses related to transportation operations, loading and unloading of goods, insurance, and customs. Bull Importer handles Incoterms to prevent risks and determine responsibilities for loss or damage to goods.
Contact us if you want to know in detail how to effectively outsource your international trade operations efficiently and without complications.
