International logistics & transportation Flashcards
What is the Global Logistics ?
- The design and management of a system that controls the flow of materials into, through, and out of the global corporation.
- Encompasses the total movement concept by covering the entire range of operations concerned with goods movement, including both exports and imports simultaneously.
When does international logistics occurs?
When:
- A firm exports a portion of a product made or grown.
- A firm imports raw materials.
- Goods are partially assembled in one country and then shipped to another, where they are further assembled or processed.
What questions asked in Transport Strategy?
- What are the terms of sale? & Who pays for freight?
- What kind of goods are to be shipped?
- Time/cost ? (availability & money)
What are the things to consider when choosing the mode of transport?
- Destination.
- Nature of product.
- Delivery time required.
- Packaging.
- Costs.
- Who pays?
What is an Incoterms?
They define the responsibilities of buyers and sellers in international trade transactions. These terms clarify who is responsible for various aspects of shipping, including transportation costs, insurance, customs duties, and risk of loss or damage to the goods.
In any sales (export or import), what is including in the price. (who’s paying for it).
What are the principle functions of international Freight Forwarders?
- Advising on acceptance of letters of credit.
- Booking space on carriers.
- Preparing an export declaration.
- Preparing an air waybill or bill of lading.
- Obtaining consular documents.
- Arranging for insurance.
- Preparing and sending shipping notices and documents.
- Serving as general consultant on export matters.
What is an International Freight Forwarders?
- A company that specialize in handling either vessel shipments or air shipments.
- Their job is to help you find the best transportation method.
- Third Party Logistics (3PL).
What are consider in Export Documents and Packaging?
- Documentation.
- Marine Bill of lading.
- Packaging.
- Factors to be considered.
- Types of packaging.
- Packaging and labelling.
What are in documentation?
- Commercial Invoice.
- Bill of lading.
- Shipper’s export declaration.
- Shipper’s declaration for dangerous goods.
- Certificate of origin.
What is the Bill of Lading?
- Confirms receipt of goods.
- Contract of transport.
- Document of title (may transfer the ownership).
What are the 3 functions in packaging? (3P’s)
- Protection.
- Preservation.
- Presentation.
What should we consider regarding packaging?
- Distance.
- Type of product. (fragile, container VS bulk, hazardous, …).
- Protection of good.
- Compliance with Regulations.
- Weight and Dimensions.
- Climate and Environmental Factors.
- Legal and Labeling Requirements.
- Security.
- Sustainability & Cost Efficiency.
What are the 3 types of packaging?
- Primary (closest to the product).
Purpose: To contain, protect, and preserve the product.
ex.: Bottles, cans, or boxes for food and beverages. - Secondary (intermediate or point-of-scale container).
Purpose: To protect the product during shipping and make it easier to handle, store, and display.
ex.: Cartons or boxes containing multiple bottles or cans. - Tertiary (shipping carton).
Purpose: To protect large quantities of goods during transport and facilitate storage and handling in warehouses or during long-distance shipping.
ex.: Pallets and shrink-wrapped bundles, wooden crates or shipping containers.
What are important keys about the guest speaker?
- Why import –> Price.
- Manufacturing in Canada was more difficult.
- The decrease in price is related with the location of the product production and defilation.
- Labor availability is another factor.
- Availability of raw material.
- Knowhow.
- Timing and delivery time is important.
- Government institution is important.
- (Ali-bahbah too look for suppliers).
