Monthly Archives: December 2015

Have You Started Looking for Translation Companies

tWhen globalization happened, opportunities emerged fiercely and rampantly. But so did the many challenges accompanying this new wave. Now with technology, new trade pacts, new World Trade Agreements and fresh political bonds between different countries, many companies found themselves, suddenly and surprisingly, standing amidst a plethora of new and unforeseen forces.

Some of these forces were good and hinted of new markets and profit pockets. And some of these forces were flanked with problems and pitfalls of their own kind.

Yes, it is right that when globalization opened frontiers of a vast new world and fresh markets, most brands and businesses had a new playground to jump around. Yet, the game could quickly turn into a lost bet if the right investments were not made to tap gains at the right time.

The companies who made the right choices invested in new resources, new skill-sets, new product development and of course localization. The successful and wise companies also took cognizance of translation issues here, at the precise juncture of new opportunities.

Such organizations knew that translation may not pop right into the radar and would definitely not be spotlight candidate but that does not mean that it is not paid attention to.

They knew that as much as it was a time to chase new pastures, one could not ignore the landmines that dotted them. Translation companies were a key solution to averting the many dangers of missing on translation and localization strategies when wooing a new market.

These translation solutions equipped the organization with the right language and the apt approach to communicating with a new market. New customers came with their language preferences, quirks, nuances and customization factors. Global translation services covered a wide gamut of these needs. Smart organizations, which invested in translation at the right time, started reaping the benefits soon enough.

For one, they were free of costly errors that other players might be making when offending their new customers with the wrong language or missing out due to miscommunication.

Secondly, paying attention to translation endowed them with a marketing edge and a proactive way of understanding customers. They could also come in with new propositions and tailor-made products thanks to a good grip on the new market. They could, in parallel, avoid any legal, compliance, regulatory or documentation snags that non-translation-savvy companies faced from time to time.

Today the results of translation and localization are quite obvious. Many mobile apps have seen a 7 to 10 times increase in the mobile downloads after their apps were translated. Websites have seen exponential growth in traffic and conversion after translation. Customer sentiments have turned positive after labeling, marking and marketing message were done in local language.

Translation was and will continue to be a big asset for anyone surfing the wave of globalization. It is not just a tourist guide of yester years but something that bestows a completely unprecedented strength to understanding, approaching, and communicating with new markets.

Businesses that have caught the strategic contours of translation well, continue to surpass those who still think translation is something waiting on the sidelines, for a time when you have extra resources or money to spare. You can misunderstand translation and miss the wagon or do what smart brands do – jump on it.

How Ocean Freight Shipping Can Valuably Assist Your Business Or Relocation

oChoose the Right Ocean Freight Shipping Company

If you’re considering sending your goods or items abroad via ocean freight shipping, you want to make sure that you’re hiring an efficient and reliable service provider. Take into account that you’re getting first-class service. The ocean freight shipping company you’re doing business with should be able to provide for your shipping needs. It should be able to transport your cargo overseas in a safe and timely manner. Does the company have sufficient know-how about the location you’re sending you’re goods to? At the same time, how familiar are they with customs law?

Choose an ocean freight shipping company that can cater to your diverse shipping needs. They ought to be flexible when rendering their services. It makes sense to transact with a company that has a reputable name in the industry. Is the company you’re hiring known for delivering high-quality shipping services? Consider the cost factor as well. Although ocean freight shipping is generally costly, you should be able to avail of a reasonable fee from a reliable company.

Avail Of High Quality Shipping Services

You’ll find that there are numerous shipping service providers that are known for excellent customer service and high-quality shipping services. They also have ample knowledge and experience in the subject. It is to say that these companies have complied with and asserted the bill of lading. What is the bill of lading? It is a document that contains information about your shipment and the designated time when your goods would reach its destination.

There should be no discrepancy and glitches with customs when you’re transporting your cargo domestically or abroad. And if you’re dealing with the right company, you can avail of reduced rates for taxes and duties. Take time to validate the details of your shipment services that the company has assured to offer. Likewise, make confirmations about the fees that the company charges from you. Give leeway to the idea that your shipment could encounter a few problems along the way. Avoid any risks by having your items insured. It would ensure that your cargo would be safe despite those quandaries.

Valuable Benefits For Your Business or Relocation

What are the benefits of ocean freight shipping? If you’re operating a manufacturing or distribution business, you can gain customers at a global base and increase your profits. You’ll be able to send your shipments in different locations (abroad) at a cost-effective rate. If you’re a regular client of a shipping company, you can ask for special rates and discounts in which your “business partner” would willingly oblige. Do business with the right shipping service provider and you’ll find that exporting and importing your goods is easier and hassle-free.

Availing of the best ocean freight shipping services basically has to do with dealing with the right company. Storage, loading, documenting, clearance, transfer and unloading tasks will carefully be handled by your service provider. It is a huge benefit for businesses that regularly send out shipments to overseas locations. The same is true for customers who are relocating abroad and need to transport their personal items. It will save these clientele a lot of time, stress and cost. Indeed, ocean freight shipping is one of the best ways of transporting your goods and items domestically or abroad.

 

5 Easy and Smart Tips For Reliable Ocean Shipping

eInternational Ocean Shipping is often a service that some people think they either can’t afford or is too complicated. Neither is true. Ocean shipping worldwide is actually less expensive than other services and the process is really quite easy. Here are a few simple tips about ocean shipping:

  1. Get a free quote- Most International Shipping companies will provide a quote right on their website for your convenience.
  2. Book the shipment online or by telephone- Usually the company that you book your shipping worldwide with will provide a booking confirmation and all of the information that you will need when your shipment is picked up or you deliver it to them.
  3. Pack the boxes- Be sure to pack them well and mark appropriately. Include port of destination, delivery number, and the last name of whoever will be picking up the shipment at its destination. Don’t forget to number your boxes as well. For example, number them 1 of 4, 2 of 4, etc.
  4. Present your packing list- Most companies that offer shipping offer this feature online. This gives them the information needed for the Marine Bill of Lading. In addition, it will contain the list of values for customs.
  5. Arrange for pick-up or deliver shipment to the shipper’s warehouse- Many International Ocean Shipping companies offer pick-up at your home or business. If you prefer, you can drop them off at the warehouse. Be sure to have the booking confirmation delivery number available when you do.

So, whether you are moving overseas or moving back from there, shipping goods to a friend or relative in another country, moving back after being a student in a foreign country, or shipping any large or small shipment that requires International Ocean Shipping; you’ll find shipping companies that offer competitive pricing, excellent customer service, and fast delivery at your fingertips. Don’t waste your money on other delivery services, excessive airline baggage fees, or any other type of services for your shipping worldwide. Call or click today for free quotes and get your shipment delivered without breaking your budget.

Choose a credible ocean shipping company that will deliver your items safe and intact and as scheduled. Ask about the company’s years of experience in the industry and if they are duly licensed. Check for the crew’s efficiency and skills in offering their services and if they are competent in customer service. You can avail of cheap but reliable ocean shipping if you call or click the best company after thorough research and careful thought.

 

The State of Manufacturing Shifts From China to Vietnam

asAsia became a manufacturing leader during the 1960s, when Japan began exporting electronics and other retail merchandise. Twenty years later, South-East Asia became dominated by Japanese-owned manufacturing plants. During those 2 decades South Korea and Taiwan also entered the industry.

In 1990, following China’s entry, 26 1/2 percent of worldwide manufacturing was being done in Asia. Thirteen years later this figure grew to 46 1/2 percent. Today, China outputs approximately 1/2 of all Asian manufacturing.

The Shift from China to Vietnam

News releases in 2010 reported that Vietnam had become the primary supplier of Nike sneakers, accounting for 37 percent of the fabrication while Chinese numbers had dropped to 34 percent. A few years later, in 2013, Vietnam’s share of Nike product manufacturing had grown to account for 42 percent. China dropped even further to 30 percent. Over the intervening five years, news reports featured an increasing number of stories about manufacturing moving from China to Vietnam.

Chinese Wages and Currency Strength

There have been many factors responsible for the increasing attractiveness of Vietnam to provide the assembly labor including increases in the demands of the Chinese workforce and rises in their economic and currency strength.

Beginning with 2001, the hourly wages for low skilled factory labor in China have risen by nearly 12 percent per year. Additionally, their currency, the yuan, reached new all time highs when compared against other trade-weighted currencies.

In response, manufacturers have sought other resources resulting in the growth of Vietnam’s market share in the assembly and fabrication of handbags, apparel, footwear and furniture items.

Further, the HSBC’s purchasing managers index revealed that factory output in China for November of 2014 had reached its lowest level since May of that year, falling to an index figure of 50. For understanding the index, numbers above 50 indicate growth, while those below show retraction.

Affected Products

Recent announcements from major industry leaders reveal that the shift in preference of Vietnam over China for factory production crosses several product lines:

Ambivalences with Southeast Asian Facilities

  • Esperson CEO announced shifting more of their whitefish processing from China to Vietnam.
  • The TAL Group revealed plans to move their garment operations to Southeast Asia from China.
  • Microsoft disclosed changes in its manufacturing strategy, resulting in shifting phone production from China to Vietnam.
  • Samsung announced opening a $2 billion smart phone factory in Vietnam, followed by a later announcement of developing a $3 billion factory there to support their production requirements.
  • Mitsubishi disclosed plans to develop the doors for the Boeing 777 commercial jets in Vietnam

While the general picture painted about Vietnam becoming a manufacturing leader are generally optimistic, there exist a number of issues that cause concerns for overseas firms.

The location of Vietnamese ports are much better situated than their Chinese counterparts. However, the quality of the roads leading to and from them are significantly worse. This is a situation that also affects the industrial locations of Ho Chi Minh and Hanoi to the north, where the appeal of the modern industrial parks is counterbalanced by the unattractiveness of the poor vehicular access.

Travel by train has its own problems in Vietnam. Locomotive access from Hanoi to Ho Chi Minh takes roughly 34 hours. In China getting from Beijing to Urumqi by train takes close to 32 hours, for a distance that is nearly double the Vietnamese locations.

Vietnam also suffers from severe issues related to outdated manufacturing processes. In fact, the state of their manufacturing has been described as “[equivalent to] China 10 years ago.”

Chinese Advantages in Asian Manufacturing

While several factors have driven manufacturing to Vietnam, many analysts believe that China still represents a better option for several reasons that include:

  • Poor Vietnamese infrastructure and heavy governmental bureaucracy representing significant barriers to smaller organizations
  • Fragmentation in the Vietnamese manufacturing industry because of lack of a basic infrastructure
  • Chinese domination of industry perceptions and supply chain channels, e.g., alibaba.com queries reveal that Chinese penetration is 151 times greater than Vietnamese for equivalent products
  • Chinese advantage over Vietnamese for delivering local substitutes for components required for product completion