Randall Castillo Ortega discusses how artificial intelligence can aid export companies
The application of artificial intelligence (AI) in logistics has enabled a radical change in the work system in the supply chain. Thanks to AI, companies have moved from a reactive scheme, in which logistics operations adapted to variations in demand, to a proactive one, in which managers anticipate market behavior and adapt their resources accordingly. […]
Randall Castillo Ortega explains strategies for the convergence of Latin American trade agreements
One outstanding aspect of Latin America’s trade integration processes is to achieve a convergence of bilateral agreements that simultaneously allows the negotiated benefits to be extended and the free movement of goods as originating. For an importer looking to capitalize on the growing international trade market, there is a lot to consider. Randall Castillo Ortega, […]
Randall Castillo Ortega explains the good and bad of automated logistics for an import company
Technological developments have a direct impact on import businesses, as there are a number of processes that can be automated, considering the increase in online commerce. Logistics is an integral part of these new global trends, and Randall Castillo Ortega, an entrepreneur and expert in import and export operations, provides the pros and cons of […]
Randall Castillo Ortega discusses the impact China is having on Latin America’s commercial activity
While he was President of the United States (POTUS), Donald Trump executed a ton of new arrangements with an end goal to adjust trade connections between the country and China. The continuous US-China trade war might, in any case, not have the desired effect goal for both of the two countries; however, it could end […]
Randall Castillo Ortega explains how an export business can conquer new markets
When a company sells in international markets, it earns significant profits: greater competitiveness, better margins and diversification of market risk. For this reason, it is essential that companies, both large companies and SMEs, implement strategies to make their way in other latitudes. Randall Castillo Ortega, an entrepreneur and expert in import and export operations, provides […]
Randall Castillo Ortega discusses proper warehouse management for import companies
Performing excellent administration and control of distribution centers that import companies may have requires a lot of work. However, if certain ideas are implemented correctly in an efficient way, most of the productivity problems in the warehouse could be solved easily. Thus, it is essential to assess the products’ activity profile, the design of the […]
Randall Castillo Ortega discusses how small import/export businesses can achieve rapid growth
The proportion of small import/export companies that bomb inside five years quantifiably sits at around half. To keep a business enabled and pushing ahead, the best way is to make an advancement arrangement. Randall Castillo Ortega, a successful entrepreneur and expert in import/export operations, reveals how to do this and how to assist with making […]
Randall Castillo Ortega provides advice for operating a successful import/export business
Whether you’re thinking about turning your company into an importer or exporter or are already one, there are challenges that have to be addressed. Times are changing and so is consumerism, and understanding the industry is challenging. Randall Castillo Ortega, an entrepreneur and import/export expert from Costa Rica, provides tips to help entrepreneurs excel. In […]
Randall Castillo Ortega discusses quality control for an import/export business
The Chinese market offers great business opportunities thanks to its production capacity and know-how in a wide range of products and at competitive prices. However, every year thousands of entrepreneurs hesitate to buy in China because they are afraid that the experience will be a failure. They are right to be concerned if they think […]
Randall Castillo Ortega explains the best type of office space for a startup
If the entrepreneurial dream has finally come true and you are ready to launch your startup, one thing you’ll need is office space to make everything run smoothly. Most startups also have a tight budget, so you’ll want to consider the cost of any location before making a final decision. Randall Castillo Ortega, an entrepreneur […]