The assignment for 2023 for the module Global Supply Chain Management includes the following: The complexities of global trade often pose challenges for companies wishing to participate in the import/export business. The assignment aims to comprehensively understand the essential steps involved in importing a product, adding value, and then exporting it. Your assignment must include the following: Product Selection: Choose a product that your business will import. Provide a brief description of the product, why you chose it, and identify the country you will be importing it from. Adding Value: Detail how you plan to add value to the imported product. This could be through processing, repackaging, combining it with other products, branding, etc. Exporting: Identify the country where the product will be exported after the added value. Discuss why this market was chosen and how your value-added product will appeal to this new market. Import/Export Planning: Develop a comprehensive import and export plan. This should include: - Understanding trade regulations and agreements between the countries involved. - Identifying and evaluating potential risks, including political, economic, legal, and environmental factors. - Logistics management transportation, warehousing, and distribution. - Identifying potential barriers to entry and how to overcome them. - Understanding and planning for customs duties, taxes, and import/export documentation. - Methods for receiving and making payment in international trade. Financials: Provide a financial outlook for the business, including initial investment, operational costs, pricing strategy, and projected revenues. It is important to note that the points listed serve merely as guidelines. This means that youre free to incorporate any other themes you see fit. In cases where you adopted content from external sources, correctly cite these sources in your work. Bear in mind that the assignment standard rules regarding plagiarism strictly apply. Your task involves drafting a business report, estimated to be around 5000 words in length. The report should include an introduction, a main body and a conclusion, followed by a list of references.

Our imported product will be whole Chilli's Our value added is the crushing of the chilli's, making the beer with the chilli's and obviously the packing thereof We will export the beer to probably to a European country

Adding Value: Detail how you plan to add value to the imported product. This could be through processing, repackaging, combining it with other products like combining the alcohol product with a chilli,branding,etc

Please when you answer mainly focus Adding Value and make sure it's 1000 words