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GLOBAL BUSINESS CLUB OF MID-MICHIGAN. MARCH 24, 2009. DEAL OR NO DEAL. Seller finds buyer or buyer finds seller Now it gets interesting as seller must offer a competitive package to secure the sale Price Terms (Meet & Greet INCOTERMS) Transport Options Delivery Terms Getting Paid.
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GLOBAL BUSINESS CLUB OF MID-MICHIGAN MARCH 24, 2009
DEAL OR NO DEAL Seller finds buyer or buyer finds seller • Now it gets interesting as seller must offer a competitive package to secure the sale • Price • Terms (Meet & Greet INCOTERMS) • Transport Options • Delivery Terms • Getting Paid
LOGISTICS PROVIDER • Offers a wide range of services & products • Selections based upon critical details • What is the commodity? • Is it bigger than a breadbox? • 1 if by land, 2 if by sea or should we put it in the air?
LP SERVICES U.S. Export Regulations Anti-terrorism Regulations Destination Country Import Regulations Co-Ordinate & direct the actions of the key players through the life cycle of the transaction Manage the flow of information to the seller and the buyer
INFO SOURCES Service Providers as a source of information (other than “where is my shipment”) Ocean Carriers Air Freight Trucking Railroad Express/Small Packages
ADDITIONAL INFO SOURCES Logistics Providers Web Sites U.S. Government Agency Web Sites Country Specific Web Sites MSU International Business Center
THINK OUTSIDE THE BOX Be creative in your approach to international trade solutions in terms of financing and transportation Never fear venturing into the world of “what if”