procon asian global sourcing conference rosia senh october 14, 2010
TRANSCRIPT
PROCONAsian Global Sourcing ConferenceRosia SenhOctober 14, 2010
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A.) 30% of the world’s purchasing power is outside the borders of the U.S.
FICTION – 70%
B.) 58% of all exporters only export to one country.
FACT
Exports – Fact or Fiction?Exports – Fact or Fiction?
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C.) 97% of the U.S. firms selling internationally are small and medium-sized companies.
FACT
D.) Exports accounted for nearly 25 percent of U.S. economic growth during the past decade, and they are expected to grow by nearly 10 percent per year for the next several years.
FACT
Exports – Fact or Fiction?Exports – Fact or Fiction?
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E.) The United States exported $1,056,931,975,877 worth of goods to all other countries in 2009.
FACT
F.) On March 11, 2010, President Barack Obama issued an executive order creating the National Export Initiative (NEI), which aims to double U.S. exports over the next five years in support of 2 million jobs in the U.S.
FACT
Exports – Fact or Fiction?Exports – Fact or Fiction?
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Exports – Fact or Fiction?Exports – Fact or Fiction?
A.) 30% of the world’s purchasing power is outside the borders of the U.S.
95.5% of world’s population and 70% of world’s purchasing power is outside of US
borders
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Why companies only export to one marketWhy companies only export to one market
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•Commonalities
•Connections
•Too timely/costly
•Nervous
•Unaware of available resources
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Why businesses should exportWhy businesses should exportINCREASE SALES, REVENUE, PROFIT
2009 top export countries…2009 top export countries…
Rank Country2009
Exports% of Exports
1 CANADA 204.7 19.4%
2 MEXICO 129.0 12.2%
3 CHINA 69.6 6.6%
4 JAPAN 51.2 4.8%
5 UNITED KINGDON 45.7 4.3%
6 GERMANY 43.3 4.1%
7 NETHERLANDS 32.3 3.1%
8 KOREA, SOUTH 28.6 2.7%
9 FRANCE 26.5 2.5%
10 BRAZIL 26.2 2.5%
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Guaranteed express delivery by 9:00 a.m., noon and end of day available in major metro areas in these countries
Time-Definite Express Services
Guaranteed express delivery by noon and end of day available in major metro areas in these countries
Embargoed
Asia Pacific: UPS’s PresenceOperational Profile:
– Region headquarters in Singapore– 40 countries and territories served in
Asia– Over 13,300 employees in region – Delivery Fleet: More than 1,000
vehicles– Weekly Flight Segments:
Intra-Asia Pacific 259; International 133– Airports Served: Intra-Asia Pacific 16;
International 377
UPS Access Points:– Over 2,250 access points
UPS Facilities*
UPS Supply Chain Solutions® Facilities*
Air Hubs
Clark Air Hub
Australia
India
China
S. Korea
Japan
Singapore
CLARK
HongKong
Vietnam
Thailand
Malaysia
Taiwan
Philippines
Indonesia
Guaranteed express delivery by end of day
*Principal locations displayed
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Landed Cost – Estimate duties and taxes for international shipments
Denied Party Screener – Identify restricted parties or embargoed countries
Import Compliance – Verify country-specific trade import regulations, tariff laws, rulings, and etc.
Export License Detector – Proactively identify U.S. government export licensing requirements
Harmonizer – Quickly and accurately identify harmonized tariff codes
Forms – Complete forms online or browse a library of PDF documents for importing and exporting
Product List – Save product information for up to 1000 products for use with other TradeAbility services
Transaction History – Store and access detailed records of your TradeAbility transactions for reporting, compliance and accounting purposes
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Growth
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Who is responsible???
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What are my Incoterms???
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Cargo InsuranceProtection for the “Full Value” in the event of Loss or Damage with the most comprehensive policy
Credit Insurance
Protecting your Account Receivables for slow pay, no pay or bankrupt
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Over 100 countries are serviced to determine credit worthiness
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1.How will you reach 70% of world’s purchasing power that is outside of the US
2.How will you be part of the 42% of US companies exporting to more than one country?s
3.Multi-Country Shippers
Parting Thoughts….
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