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International Suppliers: What are they and how do they impact a trade? Part II by Leon Grant





Article Author Biography
International Suppliers: What are they and how do they impact a trade? Part II by
Article Posted: 12/28/2015
Article Views: 78
Articles Written: 640
Word Count: 547
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International Suppliers: What are they and how do they impact a trade? Part II


 
Business
A good relation between the suppliers and the consumers help to grow a business, both locally and globally. The internet has given a good opportunity to deal with the international purveyors. As a consumer, you need to do a little homework before indulging into a trade.

The suppliers are the entities who sell products to the consumers in bulk or in smaller quantity in exchange of money. In the business, there is no such individual who can be termed as the ‘suppliers’. Anyone, from the manufacturers to the retailers can supply products or services to the other party. For example, the raw materials are directly supplied to the producers from the industry, then they supply the manufactured goods to the wholesalers, the wholesalers supply the items in smaller quantity to the distributors, the distributors supply them to the retailers and the retailers supply it to the purchasers.

In terms of the global trade, the overseas providers who supply products are called the exporters and the buyers are called the importers. This import-export service influences the transnational market in a great amount. For a smooth business deal, it is very important to identify the type of the supplier and to create a bridge with him. The consumers can find many international suppliers online in the B2B Markets, Google and in the online directories.

In the previous part of this article, we have discussed about the certain things suppliers should check out before selling the product. In this part we will discuss the points a consumer should keep in mind before trading with the purveyors.

The reputation of the firm

The overseas buyers should analyze whether the industry who are supplying goods to them is a reputed one. Their repute means a lot in terms of reliability and security. You can check it online by reading the reviews and can also tally their services.

The proper authorization

Before indulging in the trade, ask the suppliers to show them the valid license and documents. If there is any dispute in the products, you can directly complain to the international forum. Because safety is an important thing to check in the business.

The examination of the products

The items they are supplying should be scrutinized properly. Because it is very difficult to return or replace the goods crossing the borders once they are delivered.

The policies of the nation

Each country has its own rules regarding import and export. The customers should read all the regulations before hiring the supplier from a particular nation.

The transportation service

It is easy to find the international suppliers online, but it is very important to know if they have a good connection with the native dealers and the distributors, because the transport of the products cannot be done online too.
The price

This is the most important thing to check. The fare demanded by the global suppliers depend on the distance, the quality and the quantity of the product they are supplying along with the value added tax.

Leon Grant has performed a series of interview with many online websites providing quality suppliers and with the purchasers too. From all these interviews he has established that, a good relation with the international suppliers online help a business to grow.

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