Precision

Precision is an independent firm which, in effect, acts as the exclusive import/export sales department for noncompeting manufacturers. Their loyalty is to their manufacturers and they are working hard to develop a successful import/export business.It functions in foreign markets as a sales representative or exclusive wholesaler for a manufacturer in foreign markets. Precision has a formal agreement with manufacturers (whom it often calls the "principal" or the "factory") to "manage" their exports. Generally, Precision receives exclusive rights to sell in all foreign markets.Precision has established sales networks abroad. It has established foreign sales and warehousing subsidiaries.Precision appoints export agents, or representatives, and networks of exclusive distributors and dealers in each foreign market.Precision has experience in all facets of exporting: Foreign travel, [Details]