What does logistics mean? Logistics is the behind-the-scenes hero of your business, ensuring that everything runs smoothly from the moment a product is made to the moment it reaches your customer’s hands. It’s about more than just moving goods – logistics is about smart planning, carefu...
Ecommerce is the business of buying and selling goods and services over the internet. Ecommerce customers can make purchases from their computers as well as other touchpoints including smartphones, smartwatches, and digital assistants such as Amazon’s E
It is estimated that up to seven types1 of packaging material go into a single parcel: tape, cardboard boxes, styrofoam padding, and bubble wrap are some common examples that protect goods during transport. Before a parcel arrives safely at the consumer’s door, it has already left a trail...
This ensures that quality goods start with quality materials. Top Manufacturing “We do QC testing on every single bulk at each stage, to make sure that every lot meets specification.” —Norma, Sr. QA/QC Technician Our manufacturing facilities adhere to various ISO standards and interna...
"Offshore trade" is a new trade model that has evolved with the development of multinational corporation business. Its most crucial feature is the separation of order flow, goods logistics, and capital flow. "离岸"的含义是指投资人的公司注册在离岸法区,但投资人不用亲临当地,其业务运作可在世界各...
If you’re looking to import goods from China and send payment in CNY, it will be beneficial to open a CNY-denominated bank account with a bank that offers international services. This facilitates receiving and sending payments in CNY. You can also look into fintech platforms that specialise ...
Exchange rate pass-through (ERPT) refers to the transmission of exchange rate changes into import (export) prices of specific goods in the destination market currency price of goods. ERPT is said to be partial or incomplete if the import price rises by less than 1 percent, as the exporters...
Thecurrent accountmeasures a country's imports and exports of goods and services over a defined period, earnings from cross-border investments, and transfer payments. Exports, earnings from investments abroad, and incoming transfer payments are recorded as credits; imports, foreign investors' earnings ...
We’ve touched on labor productivity, but economists measure other types of productivity, too.Capital productivityis a measure of how well physical capital—such as real estate, equipment, and inventory—is used to generate output such as goods and services. (Capital productivity and labor productiv...
Central banks cannot prop up the exchange rate for prolonged periods due to the resulting decline in foreign reserves as well as political and economic factors such as rising unemployment. Devaluing the currency by increasing the fixed exchange rate also results in domestic goods being cheaper than ...