When you start selling your products internationally, running a business suddenly becomes more complicated. Things you never had to worry about are all at once on your mind whenever you prepare a package for shipment or complete a transaction.
Today’s volatile geopolitical climate and game-changing disruptors like the global Corona virus pandemic have driven seismic shifts in the global regulatory landscape. Nations are regularly remapping their foreign policies while entire industries are rethinking how they do business across borders.
Global traders perform one of the business world’s most difficult balancing acts; finding the safe spot between having enough stock at the right time and not bleeding resources by filling warehouse upon warehouse with unsold products. This critical balancing act is rife with knotty decisions and weighty logistical calculations.
Is efficient international shipping even possible in a post-pandemic world? While shipping can be costly and chaotic, there are still many things global traders can do to maximize efficiency and minimize overheads in their export lifecycle.
Unlock the mysteries of the $28.5 trillion global trade landscape that impacts everything from your morning coffee to your smartphone. Learn how international transactions weave into daily life and what WTO rules mean for expanding your business globally.