Final answer:
The value to weight ratio of goods is important for companies in international trade. Effective materials handling and various measures can facilitate the movement of goods between countries.
Step-by-step explanation:
The value to weight ratio of goods is an important metric for companies involved in international trade. It helps them determine the cost-effectiveness and profitability of transporting goods. For example, if a company is exporting goods that have a high value to weight ratio, such as electronic devices, it would be more cost-effective to transport them by air rather than sea.
Effective materials handling is crucial in such cases to ensure the smooth and efficient movement of goods. Companies need to have proper systems and processes in place to accurately track and manage inventory, handle goods safely, and optimize logistics operations. This includes employing technologies like barcode scanners, RFID tags, and automated warehousing systems.
To facilitate the movement of goods from exporting countries to importing countries, several measures can be taken. These include improving transportation infrastructure, streamlining customs procedures, implementing trade agreements that reduce trade barriers, and enhancing communication and collaboration between countries.