Three Ways Suppliers Can Lower Risk When Going Global
Even with today's technology and fast, reliable worldwide shipping, going into new markets is far more complicated than simply launching a website and sending out shipments.
Expanding across borders carries certain risks. If your company fails to understand the complexities—from maintaining visibility of your shipments, to moving them swiftly through customs, to preserving cash flow—you can quickly run into costly fines, delays, and even lost business.
To meet these challenges, you’ll need to anticipate the risks, prepare for them, and rely on the networks and resources of your logistics providers. Here are three ways you can manage the financial risks of selling across borders.
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