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Need of Various Entities

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INTERNATIONALBUSINESS

IMPORTER

EXPORTER

MERCHANTS

FREIGHT

FORWARDERS

OVERSEASREPRESENTA

TIVESLOGISTICS

BANKS

BORROWERS

LENDERS

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EXPORTER

0 He is a person or company or entity that is authorized

by Customs and Govt. authorities to export cargoes to

various countries.

0 This is also the party responsible for filing the export 

declaration with the customs authorities.

0 Exporter need not necessarily be the actual seller of 

the cargo or the entity actually concluding the deal.

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Importance

0 Helps in generating jobs.

0 Increases the FOREX reserves of the nation.

0 Indirectly helps absolute comparative advantage.0 A firm can further create economies of scale which

should lead to lower cost and hence expansion of 

profit 

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IMPORTER

0 Importers solely import goods for resale to other

companies in the distribution chain and take legal

possession of goods.

0 Importers/distributors take legal possession of goods

and pay exporters. They are usually obliged under the

terms of their agreement with exporters to carry

stocks and to provide after sales service where

necessary.

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Importance

0 Enhance your domestic competitiveness

0 Increase sales and profits

0 Gain your global market share

0 Reduce dependence on existing markets

0 Exploit international trade technology

0 Extend sales potential of existing products

0 Stabilize seasonal market fluctuations

0 Enhance potential for expansion of your business0 Sell excess production capacity

0 Maintain cost competitiveness in your domestic market 

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MERCHANTS

0 One whose occupation is the wholesale purchase and

retail sale of goods for profit.

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Importance

Making the world a “GLOBAL VILLAGE” 

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Freight Forwarders

A freight forwarder, forwarder, or forwarding agent ,

is a person or company that organizes shipments forindividuals or corporations to get goods from the

manufacturer or producer to a market, customer or

final point of distribution

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OVERSEAS REPRESENATIVES

0 Corporates

0 Indian representative's

0 Government officials

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Logistics

0 Logistics is the management of the flow of resources between

the point of origin and the point of consumption in order to

meet some requirements, for example, of customers or

corporations.

0 The resources managed in logistics can include physical items,

such as food, materials, equipment, liquids, and staff, as well as

abstract items, such as time, information, particles, and energy.

0 The logistics of physical items usually involves the integrationof information flow, material handling, production ,packaging

, inventory, transportation, warehousing, and often security.

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BANKS

0 L/C

0 Pre and post shipment finance

0 Bills of exchange0 Guarantees

0 Policies

0 Credit rating

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BORROWERS

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LENDERS