1 / 14

Exporting Products to Latin America

F.E.P. INTERNATIONAL TRADERS, INC. Exporting Products to Latin America. Some general guidelines and practical considerations. F.E.P. INTERNATIONAL TRADERS, INC. F.E.P. INTERNATIONAL TRADERS, INC. Established: November 1988

keren
Download Presentation

Exporting Products to Latin America

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. F.E.P. INTERNATIONAL TRADERS, INC. Exporting Products to Latin America Some general guidelines and practical considerations

  2. F.E.P. INTERNATIONAL TRADERS, INC. • F.E.P. INTERNATIONAL TRADERS, INC. • Established: November 1988 • Objective: Export of equipment, parts and supplies to the mining industry in Peru • Employees: 2 full time, 1 part time • Type of operation: Small business

  3. F.E.P. INTERNATIONAL TRADERS, INC. • Morty Weisselberg • B.Sc. Engineering, B.A. Economics – N.C. State University – 1970 • 1970 – 1973 – Planning officer – Ministry of Industry and Trade, Peru • 1973 – 1976 – Finance manager – ENCI – Government Trade Corp, Peru • 1977 – 1988 – Finance and Admin. Manager – UMETAL, Lima Peru • 1988 – Current - Owner – Manager, F.E.P. International Traders, Inc.

  4. Primary considerations F.E.P. INTERNATIONAL TRADERS, INC. • Identify your market(s) – Where? Why? • Identify the products you want to export • Marketing objectives: Industrial or consumer? • Marketing level: Local distributor or end user? • How are you going to market your products? • Market and product knowledge

  5. Where do you get information on the products? F.E.P. INTERNATIONAL TRADERS, INC. • Internet • Yellow pages • Indexes (Fraser’s, Canadian Trade Index, Thomas Catalogue, etc.) • Dept. of Foreign Affairs and International Trade. • Trade associations

  6. F.E.P. INTERNATIONALTRADERS, INC. Organizing your company • Why is it important? • Choices: In house, outsourcing, combination • Integrated sales administration and accounting (Quickbooks, etc.)

  7. The Process F.E.P. INTERNATIONAL TRADERS, INC. • Receiving an RFQ (Request For Quotation) • Obtaining a quotation from a supplier • Providing an accurate and timely estimate to your customer • Receiving a purchase order • Issuing a purchase order to your supplier • Receiving the goods • Issuing the documents • Shipping the goods • Submitting documents to customer/bank • Getting paid

  8. INCOTERMS(International Commercial Terms - ICC) F.E.P. INTERNATIONAL TRADERS, INC. • What are they? • Why are they necessary? • Who abides by them?

  9. Documents Required F.E.P. INTERNATIONAL TRADERS, INC. • Invoice • Packing list • Shipping document (courier or airway bill or bill of lading) • Other documents • Certificate of origin • Quality certificate • MSDS • Dangerous goods documentation

  10. Customer Forms of Payment F.E.P. INTERNATIONAL TRADERS, INC. • A. Direct • Payment with purchase order • Payment prior to shipment • Payment against shipping documents • B. Through a bank • Payment against shipping documents through a bank • Letter of credit

  11. FORWARDING SERVICES F.E.P. INTERNATIONAL TRADERS, INC. • Transportation (inland or overseas) • Warehousing • Inspection • Preparation of documents • Shipment of merchandise • Delivery of documents to customer • Collection of funds

  12. Shipping Options F.E.P. INTERNATIONAL TRADERS, INC. • Courier • Air freight • Ocean freight

  13. F.E.P. INTERNATIONAL TRADERS, INC. Sample Documents • Incoterms DHL.pdf • CAED B13.pdf • Invoice.pdf • Packing List.pdf • Airway Bill.pdf • Shipping instructions.pdf • Collection letter.pdf • Harmonized Tariff Codes Canada.pdf • Harmonized Tariff Codes Peru.pdf

  14. Resources • http://www.dhl.com/content/dam/downloads/g0/logistics/conditions/Incoterms_2011_en.pdf • http://www.cbsa-asfc.gc.ca/trade-commerce/tariff-tarif/2010/01-99/tblmod-eng.html • http://www.cbsa-asfc.gc.ca/publications/forms-formulaires/bsf267-eng.pdf • http://www.dekabatteries.com/assets/base/a.pdf

More Related