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Saturday, 15 February 2014

THE BENEFITS OF INTERNATIONAL LOGISTICS

Go international is very difficult to understand. Every firm or business always want to expand their business to the global market. Here we listed five (5) benefits of international logistics, that is:

1) Grow your business

2) Less competition

3) Quality

4) Suppliers and Customers

5) Challenge in new market


First, our point is growing your business, when trading internationally the potential clients and suppliers will increase significantly. Just imagine increasing the number of potential clients each time you start selling in a new country. This will probably be much easier than trying to expand your market place in your own country.

Second, will be less competition. The ability to stand out amongst competitors is important factor in business. When there are fewer competitors/competitor, this task is made easier. Your business, which may be viewed as compare to others, when placed in a larger and more different environment, be a unique product or service. By making the product or service available to worldwide buyers, you instantly create another life line for the business by being in less competition and increasing the possibility of standing out. This will turn sales potential and allow you to develop in a successful way a flouring business.

Third are quality goods. Every single things or products would depend on its quality. Quality is cannot be measured. So quality was measured by the customers itself. But quality is defined by the satisfaction of customers. Quality also needed to improve perceptions from customers which will lead the company to improve their performance. The company must produce goods with high quality while the cost must at the lowest level. Goods that have a good quality will reduce the number of reverse logistics.

Fourth, new supplier and customer, supplier who does not perceive an inquiry as a threat to his own business can be helpful to your overseas product search. He may have suppliers overseas, or he may have overseas contacts in the industry of your interest. Buyers are another source and they normally are not threatened by offering suppliers. They may know the foreign suppliers and their products through their competitors, suppliers, or their personnel.

Fifth, challenging in new market will force the firm or business to try the best as there will be so much competitors that applied different strategies. Every firm or business that enters the market must revise and make research on political/legal, demographic, social, etc. The results may help in adapting the business into the new market compared to the business that enters into the market without make a study.

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