BASICS OF EXPORT LOGISTICS

Paper Code: 
FTM-501
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

  
 

CO1.     To Comprehend the basic framework of international trade logistics 

CO2.     To  Analyze the role of information and order processing 

CO3.      To Evaluate the need and benefits of warehousing and inventory management in international trade.

CO4.      To  Understand the applied concepts of packing, packaging, marking, labeling and containerizing the trade merchandise

CO5.        Gauge the risks in international logistics

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Practical Cases, Power point presentation and Solving Questions.    

Learning activities for the students:

Self learning assignments, Effective questions, Seminar presentation, Giving tasks, Live practical problems analysis

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

  

 

9.00
Unit I: 
Introduction to International Logistics system:

Concept, Importance Elements of Trade Logistics Services Important concepts of International Logistics-Cost trade off, Total cost concept, Total system concept.

9.00
Unit II: 
Information and Order Processing:

Logistics Information System Logistics Operations Management Acknowledgment, Scrutiny and Confirmation of Export Order

9.00
Unit III: 
Warehousing and Inventory Management:

Concept, Need, and Functions of Warehousing Warehousing in India (in Brief)Types of Inventory in International Logistics Inventory Management Techniques

9.00
Unit IV: 
Packing, Packaging, Labelling and Marking of Cargo

Packaging vs Packing of Goods
Need for Packaging
Objectives of Labelling and Marking
Commonly used Labels and Markings
Precautions in Packing, Labelling and Marking (Colour, Number and Shape)

9.00
Unit V: 
Risks in International Logistics:

Exporter’s Risks: Country risk, Importer risk, Industry risk
Importer’s Risks: Defective Documentation, Supply of Faulty Goods
Common Risks: Exchange Rate risk, Transit risk.

Essential Readings: 

• Ram Singh, “International Trade Logistics”, Oxford University Press, 2015 publication
• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi.
• Mathur S K, “International Finance and Foreign Trade”. Shivam Publication, Jaipur.
• Parasram “Export-What,Where and How”, Anupam Publishers.

References: 

Reference Books:
• V.V.Sople, “Logistics Management”, Edition 3rd, Pearson publication
• P Subba Rao : International Business(Text and Cases) , Edition 4, Himalya Publication House, Mumbai.
• Thakur & Mishra : International Business.
• Varshney R.L. and Bhattacharya, International Marketing Management, Sultan Chand & Sons, 26th Revised Edition.
• Chaudhary B K & Agarwal O P., “Foreign trade and Foreign exchange”,Himalayan Publishing House, New Delhi.
• IGNOU International Logistics Module.
E-RESOURCES:
• Logistics and Supply Chain Management, Christopher, Prof Martin, Pearson Education Limited (Thinktank)
http://ebookcentral.proquest.com/lib/iisuniv-ebooks/home.action
JOURNALS:
• Export and Import management (sage publication)
• International Journal of Logistics Management (Sage Publication)

ACADEMIC YEAR: 
2022-2023
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