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SME’s Access To Global Market
• It was rightly quoted in Forbes that, if you don’t drive your business, you will be
driven out of business. How can one explore the options of driving their small and
medium enterprise into a global trade?
• Global exports are expected to reach a total of US$68.8tn by 2060. This provides
SMEs a pinnacle of opportunities to start rooting into the trend. Such a platform is
E-commerce says, Commerce Secretary of India, Ms. Rita Teaotia. Use of E-
commerce gives access to markets across borders. Particularly in emerging
countries, SMEs contribute up to 46% of employment and 35% of GDP.
Globalization lets the international market tap into the potential of Small and
Medium Industries.
• Various challenges of SMEs in countries like India and Middle East are similar;
however the rate of growth is different. Indian SMEs stresses more on supplier
development and total production managements. China and Middle East
concentrate on management of relationships and cost reduction.
• It is also true for EU nations, where more than 99% of all European businesses
are SMEs, gets a hard hit by the tightening of credit and weakening economic
outlook during recessions. At times like these, SMEs could be the key to getting
Europe’s economy back on track. But even with the ongoing Euro crisis, a large
amount of population there are skeptical on globalization and think that
smaller businesses need protecting from the negative effects of globalization
to preserve its diversity
• The main motive is to shape competitive strategies by forming policies and
regulations that will preserve human relations together with helping them launch
their enterprise internationally.
• The question is whether stepping stones such as E-commerce, offer advantages to
SME entrepreneurs to help facilitate their access to global market and help them
overcome the disadvantages.
12
CormSquare is cloud based procurement platform targeted
for small and medium enterprises (SMEs) and bulk purchases.
CormSquare is native end-to-end procurement software with
private market. CormSquare automates procurement
process, greatly reducing time. It also helps find right
suppliers at lower price. CormSquare saves procurement cost
and ease of procurement.
www.cormsqaure.com
Our Customer Relationship Officers (CROs) can assist you with
finding suppliers, supplier competency assessment and supplier
audit. Based on your requirement, our relationship officers can find
local, national or global suppliers.Our Customer Relationship
Officers (CROs) can assist in raising RFQs, RFIs, receiving quotes,
compare technical and commercial quotes, purchase order
management, delivery/document tracking and payable processing.
Our Customer Relationship Officers (CROs) can analyses your
procurement data and provide actionable intelligence.
13
14
15
www.cormsquare.com
• Assisted Purchase – buyer receives customized
quote from cormsquare’s procurement professionals.
• End to End E-Procurement Suite on cloud, that
helps buyers in managing enterprise purchase.
• Seamless Responsive Interface which works across devices.
• Digital B2B Store front for supplier with digital catalogue, ePayment and
eProcurement Services
• Mini CRM Tools and Digital promotion assistance to our stakeholders.
• Collaboration with supplier to assist in Customer acquisition, engagement.
• Helping manufacturing and Buyers to master the transformation of their business.
Contact Us
Contact: +91 9108992330, 080- 4165 5407
080- 4204 9707
www.cormsquare.com
www.facebook.com/cormsquare
craig@cormsquare.com
Regional Office
#131, 2nd Floor, 7th Main, JayaNagar 4th Block,
bangalore – 560011.
www.cormsquare.com
16

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Sme’s access to global market

  • 1. SME’s Access To Global Market
  • 2. • It was rightly quoted in Forbes that, if you don’t drive your business, you will be driven out of business. How can one explore the options of driving their small and medium enterprise into a global trade? • Global exports are expected to reach a total of US$68.8tn by 2060. This provides SMEs a pinnacle of opportunities to start rooting into the trend. Such a platform is E-commerce says, Commerce Secretary of India, Ms. Rita Teaotia. Use of E- commerce gives access to markets across borders. Particularly in emerging countries, SMEs contribute up to 46% of employment and 35% of GDP. Globalization lets the international market tap into the potential of Small and Medium Industries.
  • 3.
  • 4. • Various challenges of SMEs in countries like India and Middle East are similar; however the rate of growth is different. Indian SMEs stresses more on supplier development and total production managements. China and Middle East concentrate on management of relationships and cost reduction. • It is also true for EU nations, where more than 99% of all European businesses are SMEs, gets a hard hit by the tightening of credit and weakening economic outlook during recessions. At times like these, SMEs could be the key to getting Europe’s economy back on track. But even with the ongoing Euro crisis, a large amount of population there are skeptical on globalization and think that smaller businesses need protecting from the negative effects of globalization to preserve its diversity
  • 5.
  • 6. • The main motive is to shape competitive strategies by forming policies and regulations that will preserve human relations together with helping them launch their enterprise internationally. • The question is whether stepping stones such as E-commerce, offer advantages to SME entrepreneurs to help facilitate their access to global market and help them overcome the disadvantages.
  • 7. 12
  • 8. CormSquare is cloud based procurement platform targeted for small and medium enterprises (SMEs) and bulk purchases. CormSquare is native end-to-end procurement software with private market. CormSquare automates procurement process, greatly reducing time. It also helps find right suppliers at lower price. CormSquare saves procurement cost and ease of procurement. www.cormsqaure.com Our Customer Relationship Officers (CROs) can assist you with finding suppliers, supplier competency assessment and supplier audit. Based on your requirement, our relationship officers can find local, national or global suppliers.Our Customer Relationship Officers (CROs) can assist in raising RFQs, RFIs, receiving quotes, compare technical and commercial quotes, purchase order management, delivery/document tracking and payable processing. Our Customer Relationship Officers (CROs) can analyses your procurement data and provide actionable intelligence. 13
  • 9. 14
  • 10. 15 www.cormsquare.com • Assisted Purchase – buyer receives customized quote from cormsquare’s procurement professionals. • End to End E-Procurement Suite on cloud, that helps buyers in managing enterprise purchase. • Seamless Responsive Interface which works across devices. • Digital B2B Store front for supplier with digital catalogue, ePayment and eProcurement Services • Mini CRM Tools and Digital promotion assistance to our stakeholders. • Collaboration with supplier to assist in Customer acquisition, engagement. • Helping manufacturing and Buyers to master the transformation of their business.
  • 11. Contact Us Contact: +91 9108992330, 080- 4165 5407 080- 4204 9707 www.cormsquare.com www.facebook.com/cormsquare craig@cormsquare.com Regional Office #131, 2nd Floor, 7th Main, JayaNagar 4th Block, bangalore – 560011. www.cormsquare.com 16