Those with e-commerce experience are probably aware of the frustrations that come along with the order fulfillment process. Receiving, processing, sending, and tracking shipments to customers can be one of the most challenging and time-consuming aspects of life for an online retailer.
Every successful insurance broker or agent knows how important it is to be attentive to the ever-changing expectations of their clients. It is always useful to gain more insight into how clients think and what the need to be satisfied. Check out this survey-backed data that explains the main risk management challenges businesses face, areas where there is a perceived service gap, and what employers look for when choosing a broker.
Tags: Shipping Insurance
You probably haven’t been able to avoid hearing about The Green New Deal, a Congressional resolution to lower emissions and combat climate change. While it still is up for debate, it will not likely be the last resolution asking for greener business solutions.
Organizing the import and export of goods, both domestically and internationally, requires a laser focus on details and the ability to adapt when things don’t go as planned. There are many parts of shipping that rely on completed paperwork, transparent communication, and an understanding of the hoops that need to be jumped through.
Ironing out all these details beforehand can make the shipping and payment process much easier for import and export partners. As the governing body of international trade, the International Chamber of Commerce has laid out some regulations for the financial responsibilities of buyers and sellers. These responsibilities, called Incoterms, are in place to regulate and streamline the financial obligations of importers and exporters.
As a retailer, shipping valuable goods can be a hassle, and there are many things that can go wrong. There could be an accident with the semi, an infestation of bugs, or a weather event that water-logs your shipment for days. Freight insurance will protect you in most cases of damaged or lost freight, but not for all.