In order to expand business presence across the world, a company needs to have a global product reach. It is desirable for companies to have a streamlined delivery mechanism in place, to bridge the gap between the consumers and them.
Before planning the entire course of the shipment, you need to make sure that the goods you want to ship are not prohibited or restricted items in the destination country. You can do that by visiting official customs websites of the countries. Some countries are easier to ship to than others. For example, India requires more personal documentation than most countries. It is important to be aware of the current geopolitical issues, this allows building trust with overseas partners.
Do I need shipping Insurance?
If a person wishes to ship a high-value item, they’re bound to assess the likelihood that the item may get lost, damaged or stolen.
Therefore, it is important to get shipping insurance to have peace of mind when shipping goods internationally. There are numerous websites where one can generate shipping insurance.
For a streamlined shipping experience, it is recommended if the entire process is automated. This will help in avoiding all intricacies involved in doing the work manually. Automation is taking over every industry, including shipping and logistics. Innovative companies like Cogoport have offered the consumers a platform to search for freight rates instantly and get transparency in tracking. Business owners should have a shipping tool which allows them to import all the individual’s orders from different sales channel onto one platform, automatically send tracking numbers, generate Bill of Lading, make sure the process is smooth, and schedule the pickups online.
Duties and Taxes
A shipper is bound to pay various duties and taxes when shipping internationally. Following are the two ways to pay for duties-
- Delivery Duty Unpaid (DDU) - Duty is not included in the shipment cost and must be paid when the consignment arrives at the destination port.
- Delivery Duty Paid (DDP) - Duty is included in the shipping cost and has already been paid before the consignment arrives at the destination port.
Shipping cargo internationally demands a high level of documentation and declaration. However, there are numerous websites which make the task of documentation easier by doing 95% of the work.