tradeforesight profile 03april2019 05-mahboob · trade foresight provides a one-stop solution to...

TRADEFORESIGHT

A BREAKTHROUGH INTO TRADE ANALYTICS

WHATIS TRADEFORESIGHT

What is TRADE FORESIGHT?Trade Foresight aims to provide analytical information from globally recognized data sources like World Bank, UN COMTRADE, WITS, MIT Atlas, etc. that empowers users with complete horizon of econometrics with in-depth understandings of legal circumstances leading to better business and trade decision-making.

Trade Foresight helps users to formulate strong trade policies that can help them achieve their goals by not only providing up-to-date trade data but also tools to visualize and utilize that data to suit their needs. Trade Foresight is not just an Information Portal. It is backed by a Suite of Executive Dashboards, Reports and Robust Data Store that can be used by Trade experts to extract information as per their needs, thus answering any trade related question that they can imagine.

What makes Trade Foresight special is that it is an interdisciplinary platform i.e. it does not only deal with the economic aspect of trade but also the legal aspect by including a database solely for the trade agreements, international standards that must be met before the product is exported, and trade remedies.

Trade Foresight provides a one-stop solution to governments, trade related agencies and Small-Medium Enterprises (SMEs) to help them make smart trade decisions. It also provides futuristic solution, that predicts and prescribes, future market trends and needs, while utilizing Artificial Intelligence and Machine Learning based models.

TRADE FORESIGHT I PRODUCT OVERVIEW

01

WHAT DOESEVERYONE WANT TO ACHIEVE?


02

What Does Everyone Want To Achieve?Every country, its government and trade authorities want to reduce the trade deficit or maintain its trade surplus while ensuring that: a. Their best products are exported to the most lucrative markets. b. Imports are carried out from countries that offer the best value in terms of pricing, quality, etc. c. Trade and economic policies are designed while keeping in view the budding SMEs, economic efficiency,

competitiveness and other internal and external factors.

The SMEs want to to save time and focus on achieving efficiency while ensuring that: a. They export those products in which they have achieved comparative advantage over other countries. b. They operate or function in the market which is the most viable for doing business. c. They explore the markets for cheap raw material imports and offer its export goods in the most attractive

market. d. To keep abreast with the changing trading scenarios by keeping updated with the evolution in trade

agreements, laws, policies, protections, etc.

WHY CAN’T THEY ACHIEVE IT?

Why Can’t They Achieve It?IIt’s all about informationThe main barrier to do efficient business with different countries or defining economic policies is availability and

usability of information. The information is either scattered in different sources, too complex to understand and process or is available only to selected traders or trade associations. Hence, the picture is never complete!

a. Countries, Trade authorities and SMEs have access to limited data – Thus, both on Micro and Macro level, decisions are taken and policies are developed without having complete information.

b. Trade laws and data changes regularly, and there are times when traders are in a situation where their export or import gets held at customs due to recent changes in trade agreements.

c. There are also scenarios, where a new trade agreement results in access to new markets - Where a niche product can be exported, or a product from that market can be imported.


03

WHAT ARE WEOFFERING?

What Are We Offering?We are completing the picture by making trade ralated data accessible and understandable to every trader in the world. Efficient Decision is the key, and Trade Foresight is the platform that equips Trade Authorities to take Data Driven Decisions. It consolidates data from different sources, calculates KPIs, brings forward key market information and resolves the complexities of trade data while enabling trade authorities:

a. Understand how easy or difficult is to do business in different international markets – Right Now.

b. Track changes in trade flows and trade laws.

c. Understand, what can be exported to which market and what product can be imported from which market?

d. Understand, the meaning behind complex KPIs – How do they impact businesses and policies?

e. Understand, trade barriers that exist in different markets.

f. Have a consolidated view of the Micro and Macro indicators of every market – Thus defining effective trade strategies.

g. Have access to numerous KPIs that are used internationally by Trade Consultants.

h. Create Trade Reports for countries and Products.

i. Predict – What might happen?

j. Prescribe – What to do next?


04

BUSINESS VALUES

Trade is a negotiation game hence governments/trade bodies need to be well-prepared when they sit at the negotiation table. It is crucial, thus, to have near-to-perfect information about their own trading patterns and the trade patterns of partner countries. This helps them to get the most out of trade deals. Trade Foresight aids in this aspect by providing up-to-date data and help them in keeping an upper-hand.

Strengthening Trade StrategyA.

In present times, tariffs are usually low as being a WTO member ensures lower tariffs. However, with the advent of different quality standards imposed on food items, surgical instruments, life-saving drugs etc. there has been a rise in non-tariff barriers (NTBs) to trade in goods and services. Trade Foresight helps governments and enterprises alike to facilitate evidence-based policy reform, focusing on NTBs.

Tackling Trade BarriersB.

Equipping SMEs (Small Medium Enterprises) as well as individuals with the tools and capabilities to make smarter business decisions, Trade Foresight pitches in perfectly as a platform to help realize development in the trade sector and ensure comprehensive trade strategies and decisions.

Smarter Trade Decisions C.


05

With the rise in global value chains, it is important that economies focus more on promoting trade and opening borders. However, such actions are not always possible due to lack of trade facilitation measures and infrastructure development. By providing governments/enterprises with the necessary information and helping them forecast the benefits of investing in such development, Trade Foresight facilitates in strengthening institutional infrastructure for regional and global integration.

Encapsulating Value ChainsD.

Products that an economy is better at producing than others is its comparative advantage. Therefore economies need to be well aware about the goods they specialize in and the ones they should invest for import to ensure minimal losses in tariff revenue. In order to determine comparative advantage, economy needs accurate and timely data as well as complex computations. Trade Foresight helps in providing both, to help governments save time and focus on creating efficient and effective policies.

Maximizing RevenueE.

020202020202020202020202022022202020002

3.33.3.3.222222222222

4.4.4.4.4.44.4 2525252525252525

63.563.563.563.563.53.563.563.55

22.22.22.22.2222.22.2 33333333

15.215.2

58.458.458 4458.48858.458.4

6.6.6.6.6.6.6 2222222222222

8.558.558.558 58.555

22 322.322.322.322.32.322 3

1.01.0.01.0.001


06


07

The inclusion of SMEs perspective in policy-making process is crucial in linking them to global value chains and enhancing their competitiveness. By providing micro-level data to the governments and by providing government policies to SMEs, Trade Foresight helps in bridging this gap between public and private sector and thus, helps both in achieving their respective goals and perform at optimal level. Furthermore, Trade Foresight maintains database regarding international standards applied to different products which helps SMEs stay up-to-date and raise their product quality to the par.

CREATING PUBLIC-PRIVATE SYNERGYF..FFFF.FFFF

Trade Foresight is a one of its kind solution that unifies economy embellishing essentials by providing revolutionary features:

VALUE PROPOSITION

Trade Foresight provides the ability to search for trade data from a wider horizon, like regional to granule level, like specific industry of a given country. The data has been consolidated from multiple authentic sources that include but not limited to UN Comtrade, Atlas MIT, World Bank, WITS, etc. to provide a comprehensive analysis on numerous aspects of global trade.

WORLDWIDE TRADE DATAA.


08

Certain factors for trade hold great significance and should be monitored frequently in order to identify which areas are lagging. Trade Foresight answers this issue by providing performance and trade related indices, acceptable in international economics, including but not limited to Herfindahl-Hirschman Product/Market Concentration Index, Market Penetration Index, Revealed Comparative Advantage (RCA), Diversity/Ubiquity and Trade Complementarity Index. Each index is responsive to the combination of regional counterparts and product that the user will define for a selected year.

Performance MonitoringB.


09

: Trade Foresight provides a comprehensive view of details specific to any country. This country level

data catalogue entails social, demographic and economic indicators hence enabling users to have a

360-degree view of the desired country.

Country Level Data CatalogueC.

The country-level analysis offers details of country’s social/demographic indicators which comprises of details such as country’s population, its land area, GDP per capita, etc. The economic indicators highlight over country’s economic complexity index, its current import/export value, trade balance, etc. The country wide analysis also features an extensive measure of “Ease of Going Business” which assigns rank to different countries on the bases of factors such as easiness in starting a business, resolving insolvency, registering property, getting credit, etc.

Country AnalysisD.


10

Trade Foresight enables users to reach to granular-level of information for meaningful analysis. The data can be drilled down from country level data to industry level data. Drilling down deeper into the information supports in correct decision making.

Industry Level Data CatalogueE.


11

Trade Foresight also offers a single view platform where user can have detailed knowledge about every possible aspect for any product being traded globally. It starts with an overview, highlighting major exporter and importer and historical trend of its value being exported/imported in past years allowing users to carry out detailed product-level analysis.

Product Level Data CatalogueG.

Providing granular level trade data pertaining to industry, empowers users to have a control over analytics. The industry analysis provides statistics about the market potential of business, product and services. This provides SMEs with valuable information such as the market share of different importing countries in a particular industry, global demand, top exporting and importing countries for that industry. Trade Foresight further allows its users to drill-down into sub-industries and its share in main industry.

Industry AnalysisF.


12

Trade Foresight empowers its users to have complete control over their analytics by allowing them to build their your own visualizations, enabling them to conclude ones decision. From selecting a region, to choosing an industry and/or product along with combination of other variables/KPIs that the user aims to visualize on predefined parameters and timeframe. Trade Foresight also provides flexibility to choose and

Build Your Own Visualizations: I.

For SMEs to evaluate the potential of its product in the global market, Trade Foresight presents the detailed product insights. The Product Analysis evaluates the current global demand for the product in terms its import/export value, its growth and the top importing/exporting countries. Furthermore, a detailed set of indices are presented via interactive visualization giving analytical view that derives comparative information with detailed data sets and its historical trends for each product.

Product AnalysisH.


13

A guided wizard to enable exporters and importer in finding the right product to export to certain market or import from another market on the basis of sophisticated measures such as Revealed Comparative Advantage and Landed Cost.

Trade Guide WizardJ.

Trade Foresight gives power to the users as well as to the business professionals to customize reports according to their needs and requirements. This capability empowers users to have total control over analytics, given the availibilty of proper data which is ensured by Trade Foresight’s authentic data extraction processes from authentic and credible sources.

Self Service Analytics K.


14

“Smart Text” is the feature that allows the user to navigate to specific pre-defined links against the country or products within in-text descriptions of analysis. It also enables descriptions about a product or country to adapt accordingly with detailed trade related information.

Smart TextL.

The users can also receive alerts and notifications on the set benchmarks or peak variations, to keep them informed so that risk and potential issues are minimized.

Alerts And NotificationsM.

Touch-optimized reports and dashboards put critical information at user’s fingertips no matter what their location is. With Trade Foresight’s Mobile Analytics, complex analysis can be done on-the-go.

MobilityN.


15


16

Trade Foresight’s facilitates its audience with wide library of KPIs allowing its users to get a comprehensive analysis. This library includes but not limited to following subject, categorized into five broad classes:

KEY PERFORMANCE INDICATORSO.

1. Measures of Diversification:

• Diversity

• Economic Complexity Index

• Herfindahl-Hirschman Market Concentration Index

• Ubiquity & Others

2. Macroeconomic Indicators:

• GDP Per Capita

• Exchange Rate

• Foreign Direct Investment

• Consumer Price Index & Others

3. Market Analysis

• Market Attractiveness Index

• Time to Export

• Ease of Doing Business

• Market Access Index & Others

4. Product Level Analysis

• Revealed Comparative Advantage

• Product Complexity Index

• Export Potential Index

• Export Performance Index & Others

• Balance of Payment

• Landed Cost & Others

• Export Value

• Import Value

5. Trade Related Indicators


17

OTHER SALIENT FEATURES• Deployed locally at the customer site, hence it is the only

platform that allows client to add their data sources as part of the overall Data Warehouse.

• Provides futuristic solution, that predicts and prescribes, future market trends and needs, while utilizing Artificial Intelligence and Machine Learning based models.

• Ability to connect from potentially unlimited data sources• Flexible to choose custom visualizations and reporting as

per the analyst’s requirement• Row level security to ensure authorized access to data• Secure caching of dashboards to enable easy offline

analysis• Faster deployment giving quick ROI upon investments

Power BI Dashboard

On-premiseData Gateway

SSAS Cube

Data warehouse Servers(Active Passive)

TeconWebsite

ETL Layer

Transform

Extract

Load

SEDA Data Source

Power BI Dashboard

On-premiseData Gateway

SSAS Cube

Data warehouse Servers(Active Passive)

TeconWebsite

ETL Layer

Transform

Extract

Load

SEDA Data Source

PHYSICAL ARCHITECTURE

GET IN TOUCHEmail: [email protected]: www.inseyab.com

LOCATE USHead Office [United Arab Emirates] Development Centre [Pakistan]Office 435, 4th Floor, Plot 8 Sector M4,Al-Fahim HQ Building, Mussafah Industrial, Abu Dhabi, UAEPost code 92548,

Phone: +971 2552 3354Mobile: +971 5617 64597

Office 207-208, 2nd Floor, Parsa Tower, PECHS Block-6, Main Shahra-e-Faisal,Karachi, Pakistan

Phone: +9221 3415 0928

INSEYAB C0NSULTING & INFORMATION SOLUTIONS LLC.

REGIONAL OFFICEKingdom of Saudi Arabia 8602, Prince Mansur Ibn Abdulaziz RoadAl-Ulaya, Tower #19, Unit No 5,Riyadh 12611, Saudi Arabia, PO BOX 3194

Phone: +96 656 7936 129

Office A1-3-3A, Arcoris Mont Kiara,No. 10 Jalan Kiara, Mont Kiara, Kuala Lumpur 50480, Malaysia

Phone: +60 3641 22090 - 91Mobile: +60 1363 06130

MALAYSIA

tradeforesight profile 03april2019 05-mahboob · trade foresight provides a one-stop solution to...

Documents