Dubai is the main city of the United Arab Emirates and it is in the southeast coast of the Persian Gulf. It is one of the seven emirates of the country. The city is the center of international business in the region and world

We have special Auto rate to Dubai ( Jebel Ali) out of Newark NJ , Houston TX and Long Beach CA. There is also a shared container option for shipping car to Dubai.

Our Shipping Services to Dubai Include:

• Ocean Freight to Dubai. Both Full Container and LTL
• Air freight to Dubai
• Package delivery Services to Dubai
• Consolidation Services to Dubai.

Some of the documents that are required to ship items to Dubai include:

• A copy of the original Bill of Lading
• A commercial Invoice
• The Packing List
• Certificate of Origin
• Commercial invoice from the exporter addressed to the importer including total quantities, the description of the goods shipped and the total value for each item as well as the weight, method of packing and HS code for each individual item
• A certificate approved by the chamber of commerce detailing the origin of goods

Our Staff is fluent in Arabic and is ready to assist at any time.

Contact us for details about our Dubai shipping Services

Accounts receivable turnover is the number of times per year that a business collects its average accounts receivable. The ratio is intended to evaluate the ability of a company to efficiently issue credit to its customers and collect funds from them in a timely manner.  A high turnover ratio indicates a combination of a conservative credit policy and an aggressive collections department, as well as a number of high-quality customers. A low turnover ratio represents an opportunity to collect excessively old accounts receivable that are unnecessarily tying up working capital. Low receivable turnover may be caused by a loose or nonexistent credit policy, an inadequate collections function, and/or a large proportion of customers having financial difficulties. It is also quite likely that a low turnover level indicates an excessive amount of bad debt.

Formula

Accounts receivable turnover is calculated by dividing net credit sales by the average accounts receivable for that period.

Accounts Receivable turnover ratio : Net Credit Sales / Average Accounts Receivable

The reason net credit sales are used instead of net sales is that cash sales don’t create receivables. Only credit sales establish a receivable, so the cash sales are left out of the calculation. Net sales simply refers to sales minus returns and refunded sales.

The net credit sales can usually be found on the company’s income statement for the year although not all companies report cash and credit sales separately. Average receivables is calculated by adding the beginning and ending receivables for the year and dividing by two. In a sense, ther is a rough calculation of the average receivables for the year.

Analysis

Since the receivables turnover ratio measures a business’ ability to efficiently collect its receivables, it only makes sense that a higher ratio would be more favorable. Higher ratios mean that companies are collecting their receivables more frequently throughout the year. For instance, a ratio of 2 means that the company collected its average receivables twice during the year. In other words, the company is collecting is money from customers every six months.

Higher efficiency is favorable from a cash flow standpoint as well. If a company can collect cash from customers sooner, it will be able to use that cash to pay bills and other obligations sooner.

Accounts receivable turnover also is and indication of the quality of credit sales and receivables. A company with a higher ratio shows that credit sales are more likely to be collected than a company with a lower ratio. Since accounts receivable are often posted as collateral for loans, quality of receivables is important.

Whether the accounts receivable turnover ratio of 10 is good or bad depends on the company’s past ratios, the average for other companies in the same industry, and by the specific credit terms given to ther company’s customers.

It is important to note that the accounts receivable turnover ratio is an average, and averages can hide important details. For example, some past due receivables could be “hidden” or offset by receivables that have paid faster than the average. If you have access to the company’s details, you should review a detailed aging of accounts receivable to detect slow paying accounts.

Example

Krystal’s Electronics Shop is a retail store that sells Electronics. Krystal offers accounts to all of her main customers. At the end of the year, Krystal’s balance sheet shows $20,000 in accounts receivable, $75,000 of gross credit sales, and $25,000 of returns. Last year’s balance sheet showed $10,000 of accounts receivable.

The first thing we need to do in order to calculate Krystal turnover is to calculate net credit sales and average accounts receivable. Net credit sales equals gross credit sales minus returns (75,000 – 25,000 = 50,000). Average accounts receivable can be calculated by averaging beginning and ending accounts receivable balances ((10,000 + 20,000) / 2 = 15,000).

Finally, Krystal’s accounts receivable turnover ratio for the year can be like this.

AR Turnover Ratio : $50,000 / $15000 = 3.3

As you can see, Krystal’s turnover is 3.33. This means that Bill collects her receivables about 3.3 times a year or once every 110 days. In other words, when Bill makes a credit sale, it will take him 110 days to collect the cash from that sale.

Read More

http://www.budgesource.com

The shipping term LCL Shipping is commonly used to describe an international ocean freight service that was designed for shipping boxed, crated or palletized cargo from or to the USA that can’t fill an entire 20′ or 40′ foot container. When you are shipping LCL cargo you are paying for the space that you use in the container, and LCL cargo ocean freight rates are calculated by the volume (per cubic meter/cubic foot) but not by the weight. 

Less than container load is a shipment that will not fill a container. With an LCL shipment, you pay for your load to be shipped in a container with one or more loads from other customers of the freight transport provider. If you know that you cannot fill even a 20-foot container, LCL is the most sensible option in terms of cost and convenience.

When you don’t have enough cargo to fill an ocean freight container, International 3PL offers LCL service between major ports worldwide. We have an extensive network of capabilities and container freight stations. That means we can offer you space within a container that is shared with other customers’ goods to deliver economical usage-based costing, while providing Full-Container-Load (FCL) frequency, routing and visibility.

Advantages of using LCL shipping services for your international shipments:

• It will decrease the shipping cost, you are paying for the portion of the space you are using.

• For inland, you can either drop or pick up the cargo from the CFS/bonded warehouse where they load or unload the container.

• Transit time will be the same as if you would have shipped a full ocean freight container.

• International moving company can also palletize smaller boxes to eliminate shipping cost extra volume charges.

Disadvantages of shipping LCL Vs.  FCL:

If one of shipment in the container is stopped for inspection, all other shipments will be delayed.

The cost of the inspection is shared by all consignees.

Pallet shipping from one country to another might get tricky, contact us so that we can handle your shipment

Somehow we erroneously associate productivity with meetings. It is actually the opposite in this new corporate culture.

In general, meetings that do not conform to certain rules are the number one reason for loss of productivity and hence huge cost.

Simple Rule: If you can accomplish your goal without a meeting, then don’t hold a meeting

We live in an “Outlook culture” where people schedule time on your calendar, seemingly at will.

Amazingly, at most companies this is accepted behavior.

Yet, it costs companies thousands of dollars in wasted of time and lost productivity.

The sad part is that most of the time the person who calls for the meeting is looking for a way to vent off or just express themselves. It really has nothing to do with productivity, it is just about speaking aloud. 

The number one rule for meetings for a group less than 6 people: Keep it short. If the meeting exceeds 30 minutes especially for an unscheduled meeting, you have wasted your time and listened to someone who just wants to satisfy their ego

Meeting Spam is Worse Than Email Spam

What is worse than email spam? Meeting spam.

Those meeting requests that you receive seemingly out of thin air that have no true purpose or topic.

At least with email spam you can set up filters. You can simply hit “delete.”

With meeting spam, you have to politely decline. You have to find a reason why you cannot attend.

How do you determine which meetings are unnecessary and likely to reduce productivity ?

1. Too Many People – If you get more than six people together, the ability to hold a conversation goes downhill quickly. When you see  a meeting request with 8-12 people on it, it usually means that the organizer didn’t know who they should be talking to.
2. More than one meeting per week especially with the same group.
3. Same Subject: if you have to call a meeting for the same reason over and over again or discuss the same topics, you apparently are looking to just talk
4. No Agenda – Everyone would agree that all meetings should have an agenda, yet almost no meetings actually have one. This is a sure-sign tell that the meeting will be a free-for-all.
5. No Meeting Place – When you get a meeting request that has no meeting location, it usually is a sign that the organizer hasn’t put much thought in the appointment. Inevitably you will get the last-minute updates with the meeting details.
6. Scheduled for Too Much Time – Avoid meetings that are scheduled for > 1 hour. Two (or three) hour meetings are too long. These are usually “fishing meetings” where the organizer doesn’t know what they want but is hoping that the attendees can figure out the answer for them.
7. Vague Topic – If I can’t tell what a meeting is about from the invite, then I usually decline. Just as emails should have a descriptive subject line, so should meeting invites. “Catchup” is not an adequate meeting topic.
8. Called at the Last Minute – Meetings that are called with little notice, usually aren’t meetings. They are usually knee-jerk responses to a problem. They should probably be a conversation between the involved individuals rather than a meeting. This may seem like a fine distinction, but many managers react to small issues by “gathering the entire team.”
9. Standing Meetings – Ah, the repeating-into-infinity meeting. It is on your calendar from now until the end of time. Yet, each week, people have to ask what is on the agenda. Delete these standing meetings. Meet when you actually have something to decide.
10. Lunchtime Meetings – Disorganized people love to call lunchtime meetings. They have little regard for other people’s schedules or lunch activities. They figure they aren’t going to enjoy their lunch, so they might as well bring others with them.
11. Other People’s Work – Some people call meetings with the sole purpose of getting others to do their work. Combine this with #6 and you have a recipe for a dysfunctional and inefficient workplace.
12. Simple Announcements – Have you ever been to a meeting that was simply to announce something that was already sent out via email? Or to read a new policy or document? Avoid these “reading” sessions. Unless of course, your employees don’t read their email.

Meetings should be designed to save time not to express an opinion, if you hold meetings to just talk or chat i suggest going to the park. Don’t waste time. If you are good at math, you will realize that for evey hour you waste of your time you wasted an hour of everybody’s time who is attending the meeting.

Read More: Budgetsource.com

International 3PL Eliminates the confusion from cross border trucking. Shipping your truckload or LTL freight between Canada and anywhere in the lower 48 US states is a breeze.

We deliver premium service to the Mid-West, Eastern Seaboard (Great Lakes region) and as far west to California and other points along the coast.

International 3PL can provide any other services you need to successfully ship your freight across the US/Canada border, including staging services and climate-controlled warehouse storage facilities; whatever you require to better manage your shipment.

When you ship with us, your LTL won’t get held up with other freight.

There is more shipping from Canada to the US, and from the US to Canada than between any two other countries in the world. Shipments across the border between Detroit and Windsor on the Ambassador Bridge alone is equal to all the trade between the United States and Japan.

We keep your cargo safe across the border by ensuring all of our highly trained drivers operate only modern, well-maintained high-grade equipment (less than five years old). Our drivers are all experienced in cross border shipping and are all fully capable of handling any concerns that may arise during transport. We use e-logs as addition insurance that the safety of your freight is ensured through responsible driving.

Our Cross Border Trucking Services

• Truckload service
• LTL service
• Temperature controlled service (cold, frozen and heated)
• Flatbed service
• Dedicated service
• Cross-dock and warehousing services
• U.S. and Canadian bonded
• Safety minded initiatives (new fleet, e-logs)
• Onsite driver training program—(introductory and remedial)
• CTPAT and PIP
• Available 24/7
• Complete EDI capabilities

The more you know about cross-border freight shipments, the faster and easier they become. Our team of cross-border cargo specialists puts their unmatched experience and expertise to work on every project.

Contact us for any questions regarding your shipment from Canada to the U.S.

The total capacity of cold storage warehouses was 600 million cubic meters in 2016, an increase of 8.6% since 2014 (4.2% annualized growth rate). Considerable new construction in emerging markets explains most of the increase in refrigerated warehousing space.

Cold storage is an essential link in any supply chain. There are a lot of companies in the marketplace looking to save money in their supply chain this year. Over the long term, making investments in your supply chain can save a lot more money down the road. One of the biggest areas of this is in Refrigerated Warehouses. There has been a lot of new technology researched in this area of business.

A Refrigerated Warehouse is an important segment of the supply chain that involves the storage of temperature-sensitive goods. Refrigerated storage helps in storage of perishable goods during cold chain supply. On the Basis of temperature ranges maintained, refrigerated warehouses can be segmented into two categories: Cold storage (coolers) and frozen storage (freezers). Cold storage areas usually maintain temperatures between 0-10 °C (32-50°F), while frozen storage areas maintain temperatures lower than 0°C (32°F).

Trends in Cold Storage

1. More Outsourcing. Many manufacturing companies are outsourcing their needs to other companies. There are a lot of benefits to doing this over the long term. Not only does it take the hassle out of the process for a company, but often times it will save them money as well. 
2. Focus on Quality. There is a higher focus on quality than ever before. No longer can companies get away with cutting corners in this area of their business. Many years ago, the customer did not care as much about product quality. The focus was just on the price of the food. There are a lot of people who now would rather pay more to have a fresher set of ingredients. Anyone who is looking to appeal to this customer must make sure their cold storage facilities are up to par.
3. Need for More Supply Chain Efficiency. The market demand for more supply chain efficiency is growing. There are a lot of companies that are starting to focus on ways to save money in their supply chain. A lot of companies have figured out that this is an area where they can save millions of dollars in excess cost while still not affecting the company performance overall. Anyone who wants to look into ways to improve their overall supply chain can do so through several areas.
4. Investing in Technology. Although a lot of changes have taken place in this industry over the past couple of years, there is still a huge need for companies to invest in technology. Over the long term, this is the way that products and services can be scaled to meet the needs of the customer.

Having an import compliance program is key to the success of any business. Here is why

A trade compliance program lays the groundwork for how you need to behave and ensures you are meeting your legal obligations with Customs and other government agencies.

Not having a compliance program in place increases your exposure to penalties. An established compliance program goes a long way towards mitigating any penalties you do receive

A compliance program will also save your company money. You heard it right here.  Save. You. Money. It will help you avoid audits, penalties, and border delays.

If your organization classifies all imported goods, declares their correct value, HS Code, appropriate duties and complying with all other import regulations. Non-compliance may result in seizure or loss of goods, robust fines and other penalties. Implementing an Import Compliance program serves as a precautionary defense against audits from the Customs and Boarders Protection (CBP).

If you do have one in place, make sure it is reviewed by an expert.  If you work with a Customs broker, they could be a great resource for this type of consulting. You’re even able to find companies that will do an assessment of your program and advise you on whether you need further help. International 3PL offers Import or Export Compliance Appraisal services.

Import Compliance Services

• Country of Origin Determination
• Drawback Management
• Duty Optimization
• Entry Verification
• FTA Management
• Global Classification
• Global Trade Content
• Government Connectivity
• Importer Security Filing (ISF) or 10+2
• Landed Cost Management

International 3PL will analyze your current import compliance procedures, assess how well your organization complies with current import regulations and present a plan to address any compliance gaps and risks. Once formal import compliance policies are established, we create operational procedures based on your company business model, operations, philosophies and strategies. We provide recommendations for improvements to your current operations and develop an import training program that you can utilize with your internal and external customers. 

Contact us if you’d like more information or just need a kind ear to listen to your trade compliance worries.

MSDS are documents, normally many pages long, that travel with or ahead of hazardous chemical shipments, warning users of the specific dangers of such products and guidance on their safe handling, storage and disposal. Evaluating chemical hazards and producing MSDSs and labels for downstream users are two of the key responsibilities chemical manufacturers and distributors have under the HCS.

International 3PL specializes in export services to many countries around the globe. Our Export services cover all types of Cargo including personal effects shipping. We ensure the smooth transit of your products to their final destination around the world.

Exporting is vital for growing your business. Knowing how to deliver your product to a new market is a critical for your success.

International 3PL’s Export services are designed to simplify the process and have the orders shipping as quickly as possible.

What you need to know about Exporting

Freight Forwarders

An international freight forwarder is an agent for the exporter in moving cargo to an overseas destination. These agents are familiar with the import rules and regulations of foreign countries, the export regulations of the U.S. government, the methods of shipping, and the documents related to foreign trade.

Freight forwarders assist exporters in preparing price quotations by advising on freight costs, port charges, consular fees, costs of special documentation, insurance costs, and their handling fees, that is why it is important to work with a reputable freight forwarder.

Packing

Exporters should be aware of the demands that international shipping puts on packaged goods. Exporters should jeep four potential problems in mind when designing an export shipping crate: breakage, moisture, pilferage and excess weight.

Buyers are often familiar with the port systems overseas, so they will often specify packaging requirements. If the buyer does not specify this, be sure the goods are prepared using these guidelines

Labeling

Specific marking and labeling is used on export shipping cartons and containers to:

• Meet shipping regulations;
• Ensure proper handling;
• Conceal the identity of the contents;
• Help receivers identify shipments; and
• Insure compliance with environmental and safety standards.

The overseas buyer usually specifies which export marks should appear on the cargo for easy identification by receivers Therefore communication with the importer is essential

Documentation

While Exporters can prepare the documents themselves, its advisable that exporters should seriously consider having the freight forwarder handle the formidable amount of documentation that exporting requires as forwarders are specialists in this process. The following documents are commonly used in exporting; but which of them are necessary in a particular transaction depends on the requirements of the U.S. government and the government of the importing country.

• Air freight shipments are handled by air waybills, which can never be made in negotiable form
• A bill of lading is a contract between the owner of the goods and the carrier (as with domestic shipments).
• A commercial invoice is a bill for the goods from the seller to the buyer. These invoices are often used by governments to determine the true value of goods when assessing customs duties.
• A certificate of origin is a document that is required in certain nations. It is a signed statement as to the origin of the export item.
• A NAFTA certificate of origin is required for products traded among the NAFTA countries (Canada, the United States, and Mexico).
• Inspection certification is required by some purchasers and countries in order to attest to the specifications of the goods shipped. This is usually performed by a third party and often obtained from independent testing organizations.
• A dock receipt and a warehouse receipt are used to transfer accountability when the export item is moved by the domestic carrier to the port of embarkation and left with the ship line for export.
• A destination control statement appears on the commercial invoice, and ocean or air waybill of lading to notify the carrier and all foreign parties that the item can be exported only to certain destinations.

Documents Required by US Government

• A Shipper’s Export Declaration(SED) is used to control exports and act as a source document for official U.S. export statistics.
• An export license is a government document that authorizes the export of specific goods in specific quantities to a particular destination. This document may be required for most or all exports to some countries or for other countries only under special circumstances.
• An export packing list considerably more detailed and informative than a standard domestic packing list. 

Shipping

The handling of transportation is similar for domestic and export orders. Export marks are added to the standard information on a domestic bill of lading. These marks show the name of the exporting carrier and the latest allowed arrival date at the port of export consequently, instructions for the inland carrier to notify the international freight forwarder by telephone upon arrival should also be included.

Insurance

Export shipments are usually insured against loss, damage, and delay in transit by cargo insurance. Carrier liability is frequently limited by international agreements. Additionally, the coverage is substantially different from domestic coverage. Arrangements for insurance may be made by either the buyer or the seller, in accordance with the terms of sale. Exporters are advised to consult with international insurance carriers or freight forwarders for more information.

Although sellers and buyers can agree to different components, coverage is usually placed at 110 percent of the CIF (cost, insurance, freight) or CIP (carriage and insurance paid to) value

Tariffs

Finally, it is very important to consider the effects of tariffs, port handling fees, and taxes when determining your product’s final cost as they can be high. Typically, the importer pays these charges. However, these costs will influence how much the buyer is willing to pay for your product.

When you are ready to export your order, our staff will make sure that the process is made easy so you can focus on your core business. That is why you can count on our worldwide network to support your export needs.

Benefits of our export services

• Meeting export administration guidelines
• Streamlining your export business from order through delivery
• Enhancing compliance rates while controlling costs and increasing efficiencies
• Increasing visibility of transactions to your trading partners worldwide.
• We deal with the oceans of paperwork.
• Most of all : We ship your goods, as if they were our own

Our concept is very simple: We have the expertise and the connections to make your experience a pleasant one. and most importantly our Export Services are not limited to shipping cargo, we also can handle your warehousing and distribution services.

Contact us for a rate quote

International 3PL is a Warehousing Services Provider. Our Services include:  distribution and order fulfillment services. We also will transport or store your product at an affordable rate. Since we operate in Many countries, we can handle all of your local transportation,  and storage needs.

If you are involved in selling products, most probably you will need our services.