Global B2B Marketplace News
Difference Between OEM and ODM manufacturing
OEM and ODM are unique business services that offers manufacturing services on a global scale.
Third-party logistics (3PL) partner
A third-party logistics partner or 3PL is a company that works with e-commerce merchants and business owners to help them handle their supply chain more effectively.
Vostro Account
A vostro account is an account in which a correspondent bank holds in the domestic currency for foreign banks. This can be used by domestic banks to provide international banking services to their clients who have global banking needs.
Expanding Your Brand: The Power of Brand Extension
When one of the established brand names of a company is used on its new product or new product category, it is known as brand extension or brand stretching.
The Future of Retail: Why Multichannel is the Key
Multichannel retailing is a business strategy in which multiple channels are used for selling similar products across different platforms. Different sales channels are offered to the customer by Multi-channel retailing to purchase from you.
Navigating the challenges of Wholesale Business
Goods are sold in bulk either offline or online to another retailer, which will be sold to new customers later by them at a higher price in a Wholesale Business.
Central Bank Digital Currency (CBDC)
Central Bank Digital Currency (CBDC) are digital tokens issued by a central bank.
Government e-Market Place
Government e-Market Place (GeM) is an online platform for public procurement in India, where common user goods and services can be procured.
Understanding Inflation
Inflation is the gradual increase in the cost of goods and services over a given period of time.
Manufacturing PMI
Manufacturing PMI is an economic indicator which is derived from the monthly surveys to help in determining the market conditions.
Pro Forma Invoice
Pro Forma Invoice is a preliminary draft of the invoice that is send to the buyer showing the agreed-upon deliverables which acts as a tentative agreement.
Commercial invoice
Commercial invoice is a customs document when used in foreign trade and is mainly used for clearance purposes with regard to customs.