In today’s global marketplace, understanding the true cost of importing goods is crucial for businesses to remain competitive and profitable. Landed cost is a key concept that encompasses all expenses involved in getting a product from its point of origin … Read More
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DPU Incoterms: What DPU Means & Delivered at Place Unloaded
In the intricate dance of global trade, the precision of agreed terms is pivotal. Among these, DPU Incoterms (Delivered at Place Unloaded) stand out as a crucial set of regulations that dictate responsibilities between buyers and sellers regarding the delivery … Read More
Ex Works Incoterms: What EXW Means, Benefits, and Examples
Navigating the complex landscape of international trade necessitates a deep understanding of Ex Works Incoterms, an essential aspect that defines the division of costs, risks, and responsibilities between buyers and sellers. Ex Works, often abbreviated as EXW, sets a clear … Read More
Global Success: 11 Quick Tips for International Trade
International trade offers businesses across the world a wide range of benefits. However, year after year, small businesses regularly resist trading in foreign markets. One major reason is that they simply don’t know where to start. If you’ve had similar … Read More
What is an Export or Commercial Invoice?
Export or Commercial Invoice A Commercial Invoice (also referred to as an Export Invoice) is a primary document used during international trading activities. It includes commercial obligational information between the buyer and seller, along with the content of the package/consignment, … Read More
What is a CN22 Form? | Customs Declaration PDF Download
What is a CN22 Form? A Customs Declaration CN22 Form is a customs document declaring the contents of your consignment to customs authorities. It states the nature of the goods, including a detailed description; their value; country of origin, and … Read More
How to generate Purchase Orders based on Bill-of-Materials (BoM) demands using EdgeSTOCK.
This blog provides a step-by-step guide on how to generate a Purchase Order (PO) or a range of POs, based on the Bill-of-Materials (BoM) needs/demand and current in-stock levels. Use this functionality, if you’re planning on making/manufacturing something to a … Read More
What is a Commercial Invoice (CI) and When is it used?
A Commercial Invoice (CI) is a primary document used during international trading activities. It is sometimes called an ‘Export Invoice’ and includes information about the contents of the package/consignment being sent. The CI is, therefore, the foundation for all other … Read More
How to use Western Union’s WU-EDGE with EdgeCTP
Sign-Up and use WU-EDGE from EdgeCTP Within EdgeCTP, if you’ve signed up to the EdgeCTP plan or above, then Western Union Business Solutions Live Spot FX Rates are already available to you. Just change the document currency in any of … Read More
How to create a Formal Undertaking for a Chamber
This post provides you with a step-by-step guide on an efficient method for getting a Formal Undertaking to your chosen Chamber of Commerce. With EdgeCTP (or the free basic package EdgeCERTS) you can get the system to automatically generate and … Read More