International Trade & Global Logistics

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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

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