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Difficulties and Measures for Improving the Management of Toy Trading Companies through Foreign Trad

2023-05-30

In the toy foreign trade market, China is clearly a major producer of toys, but it is not a strong producer of toys. Compared with developed countries, the market concentration ratio of China's toy industry is low. For foreign toy buyers, their purchase costs are relatively fixed, and even their demand for purchase will not change much. Especially now, buyers tend to prefer online procurement, as they are unable to see samples with their own eyes, and cannot judge the specific dimensions, materials, functions, and other aspects of the product through touch. Traditional toy trade is an offline exhibition, where buyers, suppliers, and factories communicate with each other. For foreign buyers, they need to go directly to Chinese exhibitions for product selection and browsing.

Management difficulties and measures in toy foreign trade companies

The progress of sample management is difficult to control. High frequency, large quantity, difficult to manage progress, difficult to calculate input-output, and difficult to share data. Foreign trade software is designed for progress control, with automatic alerts for overdue payments. After customers confirm the completion of sampling, information is introduced into subsequent business operations.

The nuclear quotation is not standardized. Traditional manual quotation making and price verification are not standardized, with multiple salespeople quoting to the same customer and multiple quotations for the same product from the same customer. Foreign trade software automatically generates quotations, and only customers can provide quotations after archiving. Historical quotation data is easy to query, and quotations are automatically generated.

Contract making is prone to errors. The convenience and timeliness of order review are poor, and the cost of trade risk control is high; It is difficult to make quick and effective response to changes in the executing order. Foreign trade software generates data with one click, standardizes order entry, eliminates errors during audits, generates data with one click, and automatically generates subsequent summary and analysis.

The procurement progress is difficult to control. There are various types of materials, making it easy to have fewer, more, or missed orders, making it difficult to control the progress and delivery time; Data barriers exist between departments, collaboration efficiency is low, and adaptability is poor. Real time query of progress by foreign trade software, automatic generation of procurement requirements based on contract review (BOM), and dynamic query of material preparation progress

The tracking of production management progress is difficult to control. Information dynamics are not timely. Foreign trade software can check the situation anytime and anywhere, and production progress can also be entered in a timely manner.

The quality management was not handled in a timely manner. Quality and tracking are mostly located overseas, making it difficult to control material quality in a timely manner, resulting in poor emergency response and inability to handle problems in a timely manner. Foreign trade software abnormal situation warning, the system can log in from different places, foreign personnel can enter information at any time, the company dynamically queries the situation, and prompts for handling any abnormalities found.

The inventory situation is unclear. Inadequate inbound and outbound information, inability to control accurate inventory data, and strict material waste. Real time inventory warning function of foreign trade software, real-time understanding of inventory information, comprehensive warning of inventory situation, and reducing inventory backlog.

The production of documents is time-consuming and labor-intensive. There are a large number of reports, manual production is time-consuming and laborious, and errors often occur, which are difficult to correct. Whether the documents are complete depends on experience, and there is a risk of omission. The foreign trade software automatically generates all documents with one click, and automatically alerts if there are unfinished documents. Copy the product details from one or more batches of the export contract, enter them all at once, and complete all business and storage, transportation, foreign exchange settlement, customs declaration and other documents; Support 36 document formats including multiple blank and custom formats; Fully ensure that the documents of the foreign exchange settlement documents are consistent with each other; According to the specific needs of customs declaration, separate customs declaration documents can be formed, and the modification of the customs declaration documents does not affect the settlement data.

Financial reconciliation is cumbersome. The pre settlement workload is large, the cycle is long, and there is a risk of overpayment during payment. The reconciliation process is cumbersome, and the management of procurement invoicing is difficult. Foreign trade software can automatically reconcile and generate invoicing notifications based on the reconciliation results, supporting over budget warning prompts.

Difficulty in process control. Business information is complex and scattered, with complex and diverse sources, making process control difficult. Foreign trade software automatically summarizes progress, collects process data based on business projects, automatically summarizes various business progress, and provides real-time warnings.

Insufficient support for decision-making data. The workload of data statistics is large, manual production is not timely, efficiency is low, and errors are easily made. The management cannot identify problems in the first place, and the decision-making basis is insufficient. Foreign trade software provides comprehensive statistical analysis, automatically generating statistical analysis charts, which can be viewed by managers at all levels at any time, providing effective support for business decision-making.

Mobile app. Traditional computers are unable to process transactions in a timely manner, resulting in internal company approvals, customer quotes, and employee status being unable to be processed in a timely manner when going out. Foreign trade software mobile app that manages foreign trade business anytime and anywhere, supports approval, reminders, quotations, loan verification, data query, statistical report viewing, and more.

Foreign trade software perfectly solves customer pain points and difficulties

Every day, I have to look at data at my computer for at least one hour. The report function of foreign trade software allows for quick and comprehensive understanding of the company's operations, while setting permissions for various departments and roles, without worrying about the security of company data; The early warning function comprehensively ensures stability and prevents accidents.

The business volume is too large. The same sample has a lot of information, and samples with the same shape but different graphs are very common. Foreign trade software can reduce a large amount of workload for employees. When customers come to see the samples, they only need to scan and the detailed information will be presented.

Sample information inquiry is fast and accurate. A plethora of data is quickly displayed, with detailed statistics by date for each transaction. You can design your own quotation formula, conduct batch quotations, and have a report printing function.

Whenever a new person takes over, it is particularly time-consuming and labor-intensive. Both parties need to take a lot of time to hand over, and the foreign trade management software is very convenient. New employees can quickly familiarize themselves with products and business processes through the data and other information in the software, especially for faster customer handover. Moreover, we don't have to worry about customer churn, and efficiency will be significantly improved.


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