6 types of common international business contracts
The potential to expand overseas is immense, yet international trade poses operational, financial, and legal risks. Cross-border transactions are heavily supported by strong and well-structured…
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25 International trade terms you should know
In the world of global trade, effective communication is a must. Every deal depends on a mutual understanding of trade terms and practices, and each…
Why the finance team should be part of your international expansion plans from day one
The finance leadership in your organization has a huge role to play when it comes to international expansion. And it’s more than a role focused…
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…
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.