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October 14, 2022 at 10:49 am in reply to: What are the benefits of joining the National SME program in UAE? #850Russell JacksonParticipant
•Business support, including access to facilities, incentives, and expertise in various fields
• Participation in foreign exhibitions
• Financial support to grow businesses and overcome obstacles
• Marketing coordination with federal and local government bodies and the private sector
• Access to a specialised database of up-to-date information on foreign markets
• Business training through seminars and workshops.Russell JacksonParticipantSupply chain financing is a method for companies to ensure they have the funds they need to get their goods from the production plant to the store. It’s also a way for companies to make sure they will get paid by their customers even when some problem occurs in the supply chain.
Most of the time, suppliers and buyers who can’t get regular lines of credit use supply chain finance. Companies use supply chain finance instead of loans or credit cards to make sure they have enough money at every step of the supply chain to keep their business running smoothly and make sure they get paid on time.
September 28, 2022 at 11:16 am in reply to: How does e-commerce contribute to the growth of MSMEs? #873Russell JacksonParticipantThrough e-commerce platforms, MSMEs can showcase their products online, and people can buy the goods from the website. Businesses can get in touch with the people who make their raw materials, which lowers the cost of raw materials. MSME businesses have found it hard to reach customers outside of their local markets. MSMEs should spend more time making their products better so they can bring out the best in their customers. In the meantime, e-commerce platforms will suggest things based on what people say about them. MSMEs that offer the best user experience have the best chance of growing their online sales.
September 19, 2022 at 6:28 am in reply to: What does the funding landscape look like in India when it comes to supply chain #880Russell JacksonParticipantSupply chain financing is a term for solutions that use technology to lower financing costs and improve business efficiency for both parties in a sales transaction. The buyer can help sellers or vendors by paying 100% of their invoices in advance.
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