Statement of Mission
International Simple Exchange (ISE) mission is to create a link between USA, Latin America and Europe. ISE has to lines of business where we create this connection between North America, South America and Europe; one side of the business is import-export and the other side is manufacturing goods in the area of clothing and accessories.
In the area of import-export ISE works in the close-out brand name clothing and accessories market.
Our strategy is based on the fact that, the founder, Paula Meneses, has developed strong skills in the clothing business in United States and has a deep knowledge of both Western and Hispanic cultures, having in this matter advantage on competitors. We contact wholesale distributors in Latin America who are looking for prestigious brand name clothes and we offer to them close outs of prestigious brand name clothes that are available in our providers warehouses.
In the area of manufacturing ISE works with a market niche that is interest in the resources from Latin America in the area of textiles. In this case what we do is:
First analyze the need from the designers, find out witch country in Latin America will be better to manufacture the specifically item that is request and then after a consultation we can go and send the information for a free quotation.
Range/Nature of products/Services offered:
ISE is an import-export company who work with “close out” merchandise in the area of clothing and accesories. ISE is currently working with local and international clients. The main market for the exporting of goods is Central and Latin America. The company has the objective to find the needs from the customers and give a good result to them. We will import and export any brand of clothe and shoes.
ISE will also provide three kind of additional different services; which will be printing, manufacturing and informational seminars about import – export topics.
In the area of printing we can print any kind of fabric or the final piece. Our best product for printing is t- shirt.
For the manufacturing, we work with different countries if depend of the product, the country that we will choose. Most of the time we work with Peru because they have organic cotton and this is a very good success in the American market.
The import-export seminars they will be host by Paula Meneses and they will be taking place in different non-profit organizations. The objective is educate the small and medium size companies about the easy way to do international business.
Quality:
All the products that ISE offers are the finest quality. ISE will also be able to purchase and vintage (used) clothes and shoes if that is what the client is looking for.
In the “close out” business there are three different levels of quality:
-The first is the norm in close-outs. Name Brand clothes usually are marked as close-out when the label on the item of clothing has a strike through the label. If is not a name brand item, the item comes with the generic label.
-The second level is cut. That’s mean that the item will have a cut in the name on the label.
– And the last level is when the name is written in the clothes and we have to take it out. Usually we don’t work with this kind of clothes.
Price:
What we do is calculate the price by item. In general, we add from 5 to 15 percent on every piece purchase price. The price is always negotiable. We sell the goods by the dozen. When the client is buying 10 dozen we can star to go down with the price and we beginning with 25 cents in each piece.
Service:
The service that we provide is to sell “brand name close outs” from United State’s companies to other companies in Central and South America, Europe and local market too. Our plan is to have in all the countries a distributor.
Products Description
ISE works with all kinds of clothes and shoes. We will import and export women, men and children’s clothe.
We also will have lingerie as part of our inventory. We have two kind of lingerie:
One is casual, cotton, laicra or spandex.
The other is more delicate, cotton, laicra, satin and silk. This one is to use for a sexy night or in special occasion. In this case we could say that this lingerie is “Latin” style.
Service Description
Import-export Agent for Latin America
ISE will work as an import- export agent for Latin American customers. That’s means that we will look for good deals in close-outs within USA to offer to our clients in Latin America.
Printing Services
The printing services that we will provide, they will be specifically for clothing. We will able to do any kind of clothe.
Manufacturing Consultant
The manufacturing services that we will provide will be done in different countries. The country of manufacture will depend of the product that we have to make.
Overall relationship to customer:
Our job:
Collect information on perspective contacts
Contact business owners and distributors, and supply information and samples
Conduct follow-up, take orders, supervise & confirm delivery
Collect inventories from companies who offer close-out deals
Translate and process merchant’s information
Negotiations to buy goods.
Management style
The business is currently in a part-time form. The owner is the only person who is working in the office. And in general she is by herself, in case if she is out of town a temporary person will be hired. Paula Meneses, the owner, has 5 years the experience in the market with more than 300 hundred contacts and about 10 regular clients. The most important advantage that she has is to be trilingual English-Spanish-Portuguese. Also what is really important is the fact that she knows both cultures (western and latino).
Nature of Work Environment
Relationship of Rest of Industry
ISE has a niche in the textile clothe –out business because is not too many companies that they work specifically for Latin America. Also only a few companies in the American market do manufacturing in Latin America.
Incorporation of New Technologies/Other New Developments
Growth/Profitability Goals
The goal for 2008 is to sell the minimum of 9 of 20 foot containers during the year, which would be approximately $15.000 of profitability. A container could have a variation of number of pieces inside but in general the profitability of each one could be around $5000 approximately.
Relationship to Community/Environment/Other Social Goals
In the community the idea is to give seminars in non-profits organizations in a pro bono form. The objective is to inform the community about import-export matters.
Other Personal/Management Goals
A very important goal that ISE has for 2008 is to go to Trade Shows during the year to do networking.
Legal Issues
Legal Form
The currently legal form of the company is Subchapter S Corporation.
Ownership
Paula Meneses is the owner of the entire company with no shareholders.
ISE is incorporated in New York, Brooklyn, USA.
ISE has secured the follows:
Copyright
Domain Name: www.ise-eco.com