How to Establish Export Operations
Once you have developed an export strategy, the next step is to establish export operations. This step involves setting up the necessary infrastructure and processes to support your export activities. Here are some actions you can take to establish export operations:
1. Obtain necessary licenses and permits: Depending on the target market and the nature of your product or service, you may need to obtain licenses and permits to export. You should research the requirements for your target market and obtain the necessary licenses and permits before you begin exporting.
2. Set up an export department: You should establish an export department within your organization to manage your export activities. This department should be staffed with experienced professionals who have knowledge of the target market and the export process.
3. Hire a freight forwarder: A freight forwarder is a company that specializes in arranging the transportation of goods from one country to another. You should hire a reputable freight forwarder to handle the logistics of your export activities.
4. Develop a quality control system: It is important to ensure that your product or service meets the quality standards of the target market. You should develop a quality control system that includes testing and inspection procedures to ensure that your product or service meets these standards.
5. Develop a documentation system: Exporting involves a lot of paperwork, including invoices, bills of lading, and customs declarations. You should develop a documentation system that ensures that all necessary paperwork is completed accurately and on time.
6. Develop a payment system: Exporting involves dealing with international currencies and payment methods. You should develop a payment system that takes into account factors such as currency exchange rates, payment terms, and payment methods.
7. Develop a customer service system: Exporting involves dealing with customers in different time zones and cultures. You should develop a customer service system that takes into account these differences and ensures that your customers receive prompt and courteous service.
8. Develop a contingency plan: Exporting involves risks such as shipping delays, customs issues, and political instability. You should develop a contingency plan that outlines how you will respond to these risks and ensure that your export activities continue without interruption.
By taking these actions, you can establish export operations that are efficient, effective, and compliant with the requirements of your target market. This step is crucial as it will help you ensure that your export activities run smoothly and that you are able to meet the needs of your customers in the target market.
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To get more real life examples of successful Export transactions in a step by step manner, please read our Amazon Book (Mike Wilson & Ramzi Bouchrit), 7 Steps to Export Success: https://amazon.com/dp/B0B35HG9PC
