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Summer 2013MBA (Supply Chain Management) Sem 4SC0006 - Global logistics and supply chain management - 4 CREDITS(BOOK ID B1661)Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400words. Each question is followed by evaluation scheme.Q.1 Explain the Shipping Process Flow Chart and the issues associated with seaports.(Explanation of Shipping Process Flow Chart- 4 marks, issues associated with seaports -6 marks) 10 marksAnswer : Shipping process flowchart :
The term Shipping originally referred to transport by sea, but is extended in American English to refer to transportby land or air (International English: "carriage") as well. "Logistics", a term borrowed from the militaryenvironment, is also fashionably used in the same sense. The whole shipping process is explained with the help of the flowchart given below. It explains step by step approach to shipping process.
Q.2 Discuss the important documents that are used in international logistics.(Air waybill (AWB); Bill of Lading; Proforma invoice; Commercial invoice; Insurance certificate; Inspectioncertificate ;Letter of credit; Packing list
total 10 marks) 10 marksAnswer :
The important documents that are used in international logistic are described below :
1. Air waybill (AWB):
A document that accompanies goods shipped by an international courier to provide detailed information aboutthe shipment and allow it to be tracked. The bill contains the shipper's name and address, consignee's name andaddress, three letter origin airport code, three letter destination airport code, declared shipment value forcustoms, number of pieces, gross weight, a description of the goods and any special instructions .
Q.3 Explain the concept of charter agreement.