International Trade & Global Logistics
- Course focuses on essentials of international trade and freight transport.
- Understanding supply chain management and logistics principles.
- Benefits of adopting a supply chain approach for competitive advantage.
- International trade terms, customs, legal aspects, and liabilities.
- Selecting and monitoring logistics carriers for effective operations.
Overview
This course focuses on the essentials of international trade and freight transport to address the lack of knowledge in companies due to the growth in international sourcing/importing. It covers topics such as understanding the supply chain, key aspects of supply chain management, benefits of adopting a supply chain approach, reasons for international trade, customs and excise, legal aspects and liabilities, documentation chain, freight transport operations, selecting the logistics carrier, monitoring carrier performance, and a 6-step model for international freight.
Who should attend
Logistics Managers, Supply Chain Managers
Course Content
Course duration: Please call for further information
COURSE OBJECTIVES
The growth in international sourcing/importing has meant that many companies have found they do not have the appropriate knowledge and know how. This course therefore looks at the essentials of international trade and freight transport.
COURSE CONTENTS
Understanding the Supply Chain
Definitions of logistics and Supply Chain management
The interrelations and connections of Buying, Making, Moving, and selling
History and the development
A view of the future
Key Aspects of Supply Chain Management
The cost/service balance
Customer service principles
Lead times throughout the supply chain
Adding value
Production options/changes
Trade off opportunities
Rules for effective supply chain management
The Benefits of adopting a Supply Chain approach
Understanding the sub functional conflicts
Benefits within and between functions
Taking a supply chain view of total acquisition costs
Accepting that competitive advantage comes from the Supply Chain
Reasons for International Trade
Why do people Buy/Sell overseas
Features of International Trade
Supply/Demand variables
International Trade Terms of Sale and Delivery
Incoterms
Payments
Documents
Insurance
Logistics viewpoints
Customs and Excise in International Trade
Calculations and Nomenclatures
Systems and process
Operational activity
Legal aspects and Liabilities
Agent and principal relationships
Agent and carrier liabilities
Terms and conditions of trading
Contract terms used in International Trade
The Documentation Chain
Shipping instructions
Letters of credit
Banking procedures
Movement documents
Consular
Invoices
Packing lists
Import licences and controls
Rent and demurrage charges
Processing for customs clearance
Freight Transport Operations
Mode characteristics and key features
Full load movements to parcels and use of couriers
Chartering, liner and Shared/Network services
Freight calculations
Costing operations
Best practice
Models for transport planning
Service frequency
Service provider variables
Selecting the Logistics Carrier
What is available?
Specifications/Tenders
Negotiation/Selection
Agreement/Contracts
Monitoring performance of the Logistics carrier
Performance reports
Partnerships
Inspections
The 6 step Model for International freight
Understand the Freight Market
Appreciate what influences this market
Consider customs implications
Select the Supplier
Look for Added Value
