Temu has launched a JIT pre-sale model, allowing sellers to pre-sell without stocking inventory. However, sellers must pay a deposit and face high penalties for late shipments. This aims to alleviate pressure on Temu's warehouses but raises the barrier to entry for sellers, demanding higher inventory and logistics management capabilities. Sellers need to carefully weigh the pros and cons before choosing this model.
The Import Security Filing (ISF) is an essential document required by U.S. Customs, to be submitted 24 hours before the departure of goods. Accurate ISF declarations can help avoid fines and enhance logistics efficiency. Understanding ISF-related information and requirements enables companies to better manage their import operations.
The Indonesian government has introduced new regulations restricting payment transaction functions on social commerce platforms and requiring data isolation, posing a risk of business 'separation' for TikTok Shop Indonesia. This move stems from concerns about data security and fair market competition. TikTok is actively responding, with CEO Shou Zi Chew traveling to Indonesia for negotiations, and sellers launching support campaigns. Businesses expanding overseas need to be wary of political risks, diversify their strategies, and operate in compliance to ensure steady development in complex environments.
A commercial invoice is an essential document issued by the seller to the buyer, detailing information about the goods involved in the transaction. This document allows the seller to collect payment. It is widely used in international trade for purposes such as payment reference, customs documentation, and applying for export licenses, making it an indispensable part of trade transactions.
This article discusses the handling of lost bills of lading in the freight forwarding industry, particularly the challenges faced during transit. Loss of a bill of lading can lead to compensation issues, typically requiring a guarantee deposit or a bank guarantee letter from the shipping company for reissue. It is also recommended that freight forwarders properly retain both original and duplicate copies of bills of lading to mitigate risks.
TikTok Shop has reopened its personal store option, allowing onboarding without a business license, lowering the barrier to entry for e-commerce entrepreneurs. This article details the onboarding requirements, permissible product categories, and deposit system for personal stores. It compares personal stores with individual stores, analyzes the advantages and limitations of personal stores, and provides a comprehensive guide for those interested in joining the platform as a personal seller.
The cross-border e-commerce industry is undergoing a reshuffle, with businesses facing declining sales and cost pressures. Small and medium-sized sellers need to focus on cost control, while larger sellers need to be flexible and adaptable. Amazon's launch of "Seller Wallet" aims to improve its ecosystem, but its high transaction fees and potential account security risks require sellers to use it cautiously. It is recommended to diversify payment collection channels and pay attention to exchange rate fluctuations. Businesses should carefully assess the benefits and risks before adopting this new feature.
Alashankou Customs has significantly improved port clearance efficiency, reduced corporate operating costs, and promoted rapid growth in import and export trade by implementing customs clearance facilitation measures such as 'self-declaration and self-payment' and 'aggregate tax payment'. Data shows that the port's cargo volume and total value both achieved significant growth in January and February this year, demonstrating the remarkable effectiveness of customs clearance facilitation reforms.
This article discusses the SWIFT code BNBOBOLXSCZ of BANCO NACIONAL DE BOLIVIA, highlighting its significance in international remittances. It ensures the security and timely arrival of funds, facilitating cross-border financial transactions.
This article explores the importance of cargo transportation insurance and the key factors in premium calculation, including the value of the goods, type, mode of transport, distance, deductible, and coverage amount. It provides advice for cargo owners on securing adequate protection.
