The Virginia Economic Development Partnership’s Supply Chain Optimization Program is designed to help Virginia companies evaluate and streamline their supply chain management and import processes. This program provides counseling, strategy development, and resources to improve performance and reduce costs.
Supply Chain Optimization Program
The VEDP’s Supply Chain Optimization Program is designed to help Virginia companies evaluate and streamline their supply chain management and import processes. This program provides counseling, strategy development, and resources to improve performance and reduce costs.
Program Benefits
Optimize your supply chain process with this year-long program.
- Access up to $10,000 in reimbursements for supply chain-related expenses
- Access consulting services to develop a strategy for improving supply chains
- Connect with experts on supply chain mapping, transportation, import compliance, and more
- Participate in four training sessions on subjects such as foreign trade zones, blockchain, shipping solutions, emerging technologies, and other leading supply chain topics
Eligibility
Companies interested in participating in the Supply Chain Optimization Program must meet the following eligibility criteria:
- Must have at least five full-time employees in Virginia
- Must operate in the Commonwealth of Virginia
- Preferably imports components for future exporting initiatives
Webinar: Supply Chain Disruption in Virginia – Access to the September 14th webinar recording of the virtual panel discussion to hear how industry experts address these challenges and learn some creative solutions to global supply chain management is available below along with the presentation about Virginia’s new Supply Chain Optimization Program in PDF.
To view webinar recording follow > here.
Below is the presentation of the 09.14.21 webinar in PDF
International Trade Resources and Updates – courtesy of VED
Featured Virginia business: MAG Aerospace – “VEDP has greatly assisted our international business by enabling everything from establishing new customer connections at trade shows to providing financial and marketing assistance in international markets, where we needed it most.” – MAG Aerospace. To learn how MAG Aerospace leveraged the Virginia Leaders in Export Trade (VALET) Program, read our case study.
Is Your Company Ready to Pursue International Sales? – VEDP’s new online export readiness assessment helps Virginia businesses determine whether they are ready to begin exporting or expand into additional markets. The questions assist companies in systematically thinking through various components of export readiness. Visit > VEDP’s website to take the complimentary assessment and see your results.
Meeting Global Demand for Health IT Services – Harris Healthcare (Herndon, VA) sells a range of software tools to help hospitals, doctors, and nurses deliver medical services to patients safely and effectively. To grow its international sales, Harris Healthcare is developing partnerships with local technology companies or software resellers in each international market. To learn more, > read VEDP’s case study.
Exporting 101 Guide: Determining HS Codes – Harmonized System (HS) codes are a standardized numerical method of classifying traded products. Businesses need to know their product’s HS codes to determine tariff rates and complete shipping documents. Our Exporting 101 guide has the steps and resources to determine HS codes. To access the guide click > here.
Exporter Profile: ExploreLearning – ExploreLearning, based in Charlottesville, develops online solutions to improve student learning in math and science. To see how ExploreLearning increased its international sales by 25% using VEDP services, click > here.
International Trade Partners – Did you know that VEDP has a network of professional service providers to support Virginia exporters? These companies have been screened and selected by VEDP due to their international expertise in the following areas: accounting, marketing, corporate strategy, insurance, shipping, legal services, and translation. Reach out to VEDP for a referral to one of our partners, contact: Monica Sadie, VEDP Supply Chain Program Manager, (804) 545-5763 msadie@vedp.org
New Industry Report: Saudi Vision 2030 – Saudi Arabia offers a promising market for Virginia companies looking to take advantage of the country’s shift away from its traditional dependence on oil. To learn more about Saudi Arabia’s initiative and opportunities for Virginia companies, check out > VEDP’s latest industry report.
Upcoming Webinars and Events
To view the full list of upcoming international trade missions and trade shows, please visit: https://exportvirginia.org/
Interested in More Information?
Visit VEDP’s website > here, or contact:
Monica Sadie, VEDP Supply Chain Program Manager
(804) 545-5763 msadie@vedp.org