5 pricing strategies for international markets
Price positioning is one of the many crucial decisions for those venturing into new trade regions like the Southeast Asia or Indo-pacific region. This region…
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How to evaluate new ASEAN export markets for your business
The volume of world merchandise trade is expected to increase by 2.6% in 2024 and 3.3% in 2025 after falling 1.2% in 2023. However, regional…
Supply chain affected by recent labour disruption? Here are 7 steps to mitigate shipping risks
Labour disruptions have far-reaching implications for U.S. imports and exports, affecting businesses’ supply chains across the continent. Here are 7 ways businesses can plan ahead to mitigate future disruptions.
8 common global procurement mistakes made by small and medium sized businesses (SMEs)
Procurement specialists at SMEs usually learn the main skills of the job by trial and error, which often leads to unnecessary costs to organizations. Knowing about and avoiding these mistakes will help small enterprises save money and increase profit. Here are eight of the most common global procurement mistakes made by SMEs.
Build a resilient supply chain with these innovative approaches from the experts
By now, we are all probably well aware of the economic turmoil caused by the COVID 19 pandemic and the knock-on effects it has had,…
Getting paid: 4 trade finance instruments you can use to reduce your risk
While there are many risks inherent in international trade finance, there are also numerous methods of settlement in international trade available to exporters and importers to manage and mitigate risks. Here are the 4 most common trade finance instruments you can use.
How to build a resilient supply chain – CITPs weigh in with Startup Canada
FITT teamed up with Startup Canada and a panel of CITP experts for this fascinating and informative Twitter chat on how to build a resilient supply chain – no easy task. Here are the highlights.
What should be on every bill of lading
When trading goods across international borders, the period of transit has a high level of risk and a high cost of liability should anything happen to a shipment of goods. That’s why transport documents like a bill of lading are so crucial, acting as a contract and a receipt for the goods delivered to the carrier for shipment.
CITP Spotlight: Rahim Mohtaram, Supply Chain Management Program Coordinator, triOS College
In 2001, As a student in the Customs Clearance bachelors’ program, Rahim Mohtaram began his journey in international trade with an internship in the most…
CITP Spotlight: Warren Senkowski, Trade Commissioner, Global Affairs Canada
Warren Senkowski began his career in international trade back in 2016, when he became a Trade Commissioner in the Pacific Regional Office for Global Affairs Canada in Vancouver. Throughout…