OPRM512:INTERNATIONAL TRADE LOGISTICS

Course Outcomes: Through this course students should be able to

CO1 :: discuss the key objectives for studying international trade logistics

CO2 :: analyze the challenges in information processing in international trade logistics

CO3 :: summarize emerging risks in international trade logistics

CO4 :: understand different mode of transport and role of inventory

Unit I
Introduction to international trade logistics : concept of trade logistics, interfaces of marketing
and trade logistics, importance of trade logistics to the nation, importance of trade logistics to the
industry
Information and order processing : challenges in information processing, logistics information
systems, logistics operations management, scrutiny of export order, clarifications and order
confirmation
Unit II
Labelling and marking in international logistics : introduction, labelling in international trade,
considerations in labelling for international trade, labels and preferences for colors, markings of export
consignments
Inventory management in trade logistics : nature of inventory in trade logistics, motivations for
holding inventory in international logistics, contemporary developments in inventory management,
models of inventory in trade logistics
Unit III
Integrated logistics and sub-system elements : evolutionary phase of integrated logistics
services, third party logistics, choosing a 3PL provider, sub-system elements in trade
Unit IV
Choice of mode of transportation : importance of transportation decision, factors affecting choice
of transport mode, type of transport mode and modal characteristics, types of transport carriers
Unit V
Warehousing : concept of warehousing, functions of warehousing, types of warehousing, free trade
and warehousing zones, procedure of warehousing the imported and exportable cargo for importers
Role of dry ports in trade logistics : concept of dry ports, increasing role of dry ports, functions of
dry ports, challenges in growth of dry ports in India
Unit VI
Liner shipping and freighting practices : introduction, concept and evolution of liner conference,
concentration in liner shipping, freighting and tariff practices of ocean liners
Documentation in trade logistics : need for documentation in trade logistics, commonly used
documents in trade logistics, documents prepared by carrier, documents prepared by exporter and
importer

Text Books:
1. INTERNATIONAL TRADE LOGISTICS by RAM SINGH, OXFORD UNIVERSITY PRESS

References:
1. BUSINESS LOGISTICS/ SUPPLY CHAIN MANAGEMENT by RONALD H BALLOU, SAMIR. K
SRIVASTAVA, PEARSON

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