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Getting a PRA Using a Software for the First Time

  As an exporter, you must inform a cargo terminal operator in advance about the containers you wish to send for loading. The stevedores respond back confirming the clearance and cargo acceptance. That’s how a pre-receival advice is completed. In order to do it timely, error-freely and cost-effectively, you can rely on a good software tool. Before you start searching for the right kind of software, it makes sense to learn how it would be used to make this task simpler. Doing so can also help you choose the software which precisely meets the process’s requirements. Let’s begin. Integrate the Software To begin with, you must integrate the new software with your existing IT infrastructure. In other words, you need to bring it in sync with the overall export documentation process which in turn is a part of the whole supply chain. For this, you need to look for a software which offers compatibility as well as performance, flexibility and customization. Load I...

Why Should a New Exporter Opt for Documentation Software?

Setting up a new export business calls for a number of preparations. Among the many important steps and decisions, it is crucial that your keep the documentation work smooth and chaos-free from the very start. An international trade software, therefore, is one investment you should never hesitate to accomplish. Counting it as unnecessary at the moment and postponing it to future can deprive you from some amazing benefits. Let’s find out. Handling the Data In case you start with paper-based documentation process , it may have two outcomes. First, the paper files would unnecessarily pile up. Second, when you opt for a software later, you would have a tremendous task of copying the data to the system. On the contrary, using a software to store, organize, manage and access data from the very first day would lead to better data handling. Also, it is bound to bring in the desired efficiency in documentation from the beginning itself. Training the Employees Because of your decision to start u...

How to Address Issues You Currently Face with PRA Submission?

  Communicating with the stevedores is an important process to get cargo acceptance smoothly. Sadly, many exporters consider it an insignificant step and often face issues that can lead to delays and penalties. By selecting a good software or application to submit pre-receival advice (PRA), you can effectively deal with these issues. Find out how. Slow Processing While submitting a PRA, you must communicate a lot of information to the terminal operators. It includes container details as well as product details and much more. In case you prepare a PRA manually, you may be consuming a lot of time unnecessarily. Unfortunately, it may lead to a huge holdup that can be annoying for you as well as the stevedore. On the contrary, doing it with a software can serve two purposes: Fast and automated information filling Real-time status tracking through instant exchange of messages So, you can easily enjoy dramatically reduced wait time which can increase the overall efficiency of your expor...

How to Submit Request for Permits as an EDI User?

The Australian exporters who export products in the categories like dairy, fish and eggs must obtain an export permit. For this, they need to initiate request for permits using the prescribed procedure. In short, the things that you must know about submitting one such request include: To whom: The Department of Agriculture, Water and the Environment How: Electronically, using the Department’s EXDOC system As: An a registered exporter, an electronic data interface (EDI) user or an exporter and EDI user Let’s elaborate more on what an EDI user can do. How to Register? To begin with, you must decide how you wish to register with the Department: First, you may register simply as an exporter. If you do so, you would need to contact a registered EDI user in order to communicate with the EXDOC system. Second, you may choose to register as an EDI user. Obviously, you would need to download or subscribe to a prescribed software to communicate with the EXDOC. Third, yo...

Which Goods Are Counted as ‘Originating’ under the China-Australia FTA?

The China-Australia Free Trade Agreement (ChAFTA) allows the traders from both countries to trade at preferential tariffs. To keep it simple, the agreement reduces or eliminates duty tariffs on different goods. In order to enjoy these benefits, the traders must meet a set of criterions, one of them being the proof that the goods being traded originated in China or Australia. For this, every trader must prepare a certificate of origin as per the prescribed format.  Here, it is necessary to understand whether your goods classify as ‘originating’ or not. Find it out. Goods Wholly Obtained in Either Country First, the goods that are entirely obtained in the exporting country are eligible as the originating ones. For example, fruits and vegetables that the country produces in its farms are easily the wholly obtained goods. Goods Wholly Produced in Either Country Second, the goods that are produced using ingredients wholly obtained in the exporting country also meet the parameter. The j...

Why Do Many Exporters Find Freight Booking a Challenging Task?

Booking your consignment a space on a ship or an airplane for export to a foreign country is one of the important tasks of the entire supply chain management. If it goes wrong, all your efforts may go in vain and it may cost your business a loss of profits and clients. But, what may go wrong in the freight booking process that looks pretty straightforward? Undoubtedly, a lot! Let’s find out! Not Able to Find the Best Quote Because of the unlimited resources and your business’s outdated means to contact different shipping lines, you may have fewer quotes in hand to compare. Consequently, the chances are high that you may regret later for spending unnecessarily on cargo shipping that could have been done in your preferred budget. So, it is important that you receive quotes from different service providers and compare them to strike the best possible deal. Spending a Lot of Time on Booking Imagine that you receive quotes from the top freight services in the region. Now, comp...

How Does a Certificate of Origin Decide the Rate of Traded Goods?

To start with, a certificate of origin (COO) is an important trade document that an exporter may need to prepare as a part of export documentation. As the name suggests, it certifies the origin of goods that a country exports to another. For example, if you export certain products that are produced, manufactured or processed in Australia to Thailand, you must obtain a TAFTA (Thailand-Australia Free Trade Agreement) COO. So, what would this certificate imply? In simple words, it certifies that the exported goods have their origin in Australia and no other country. Now, the bigger question is that how does it matter? Under the TAFTA regulations, the goods traded between Thailand and Australia would enjoy preferential tariffs. By preferential, it means reduced or lower tariffs that benefit the importers as well as exporters. Obviously, importing such goods at reduced tariffs let importers extract more profits. For exporters, it is a great opportunity to turn their products competitive in ...